I know I had a topic on the other site about this but as of Friday it was final. A farewell video from Bizarre Creations posted at Eurogamer.
http://www.eurogamer.net/articles/2011-02-18-bizarre-says-goodbye-with-farewell-video (http://www.eurogamer.net/articles/2011-02-18-bizarre-says-goodbye-with-farewell-video)
While I try my best to avoid racing games, the PGR series was always a tolerable experience for me. Purdy graphics and not taking itself too seriously. That said I will miss you most for games that people have probably forgotten (Boom Boom Rocket on XBLA and Fur Fighters on the Dreamcast).
It's a shame that the next PGR game will not be made by them. PGR4 is one of my favorite racers.