Codemasters is working on new title based on the F1 to be exclusively for online. For that Codemasters forming a new team that will develop this release. New team is to be based at its Warwickshire HQ and available positions can be found at Codemasters website.
Codemasters Online VP David Solari said to Develop "F1 is incredibly popular in many countries, particularly in places where online gaming is either already big or rapidly growing such as India, Brazil, Korea and China, the potential is clear," .
He added "We have proven F1 is a major games brand and what we have planned will build upon that".
As more details will reveal we will inform you.