Corsair is about to acquire racing sim company Fanatec

Corsair is pursuing an acquisition of the racing sim brand Fanatec. In an update shared on Thursday, Corsair says it’s negotiating with Fanatec to restructure the troubled company’s around €70 million (about $75.4 million) debt and cover short-term costs.

Over the years, Fanatec has established itself as one of the most popular brands for racing sim hardware. It offers a premium lineup of racing wheels, pedals, shifters, and more, which virtual racing enthusiasts...