BREAKING NEWS! Fanatec About To Be Sold To China?
Рет қаралды 7,248
4 күн бұрынDetails of a critical meeting in China have emerged - Fanatec could be sold to that Chinese company?
The complete truth about Fanatec, customer service, shareholders, hedge funds, bankruptcy, Corsair - it's all here.
The explosive, unedited interview with Fanatec CEO Thomas Jackermeier where I ask him YOUR QUESTIONS on the Fanatec Black Friday orders, customer support tickets, the ClubSport DD+ not shipping, warranty dates, shipping in different boxes and MORE. Thank you to everyone who responded on KZfaq and to the Sim Doctor newsletter asking for your questions.
Sim racing influencers owe it to you to ask these tough questions and represent you with these sim racing manufacturers. If you feel like they are not representing you, ask them why not.
After the interview Fanatec added the following in respect of warranties:
"The warranty start date shown for any product in a Fanatec account is based on the shipping date of the order. This means if the customer purchases a pre-order item, the purchase date has no bearing on the start of the warranty coverage. If the customer requires support towards the end of the warranty period, we take the date of delivery into account."
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#kireth #FANATEC #simracing #granturismo #forza #forzamotorsport #xbox #playstation #forzathon #maplevalley #forzavsgranturismo #gt7 #forzamotorsport8
@cpx7002 2 күн бұрын
Ordered Saturday my dd+. Got it today on tuesday. I‘m pretty happy with the shipping process and product. So what.
@Kireth 2 күн бұрын
Enjoy!
@stevep927 2 күн бұрын
I am pretty sure someone in China owned part of Fanatec 3-4 years ago
@rz5090 2 күн бұрын
Just sent my CS DD in for repair..they actually responded to my request pretty quickly, at least in comparison to BF…about 10 business days..their repair shop is only about an hour from where I live so let’s see how long it takes to get my base back. Shipped it to them Saturday morning.
@poporange27 2 күн бұрын
Where do you live, is it UK ? I'm awaiting a repair to my DD1.
@rz5090 2 күн бұрын
@@poporange27 I am in Texas U.S.A.
@Kireth 2 күн бұрын
Fingers crossed!
@wavyvibesradio 2 күн бұрын
@@rz5090 I’m in tx too I ordered something and it took 1 day of shipping
@JochemBruggeman 2 күн бұрын
Are you still on this…? I seriously doubted upgrading to QR2 because you cried wolf. In the end I realized you are just creating content (which is fine), but is not necessarily true. So I placed order for stem + QR2’s; no issues. Loving the upgrade. You should dial down the tabloid tone imho.
@Kireth 2 күн бұрын
Glad you're loving the upgrade!
@JimmyNuisance 2 күн бұрын
Dude is reporting facts though. He's not lying... These are provable goings on with the finances of fanatec.
@R4ZORLIGHT Күн бұрын
"You should dial down the tabloid tone imho." Yes but he won't thats his business.
@herlegz6969 2 күн бұрын
I should wait to make my future orders with Fanatec till CEO Thomas Jackernier is properly back in place. Feel buying while these coop scammers are in charge is wrong timing.
@herlegz6969 2 күн бұрын
Thomas, buy now or wait till you are back in control? Which is better for you?
@MarkNOTW 2 күн бұрын
You think he deserves to be back in place as CEO?
@andsoitwas3046 2 күн бұрын
I bought Fanatec back in february when the crisis was still ongoing and to be honest I could not be happier with delivery time and quality of the product - but i bought the GT DD Pro Package which i've heard has better stock and years of production. So i would not be afraid to purchase Fanatec if it's a tried and true product that's in stock. However if they go Chinese i will never buy them again.
@herlegz6969 2 күн бұрын
@@andsoitwas3046 absolutely. The fake manipulation on channels, reddits and comments is insane. Massive corrupt deception. All IRL first hand accounts are fantastic. I have had 4 orders since black Friday, everything phenomenal with expected holiday delays.
@StonedRambo01 2 күн бұрын
He's the reason they are where they are. He doesn't deserve to be back
@heinous70 2 күн бұрын
DD Wheels with a call home chip 😂
@jochenkraus7016 2 күн бұрын
It will increase the wanted rating if you exceed the speed limit or your vehicle didn't pass inspection.
@NoCluYT 2 күн бұрын
Sweatshop prices will make them super affordable I guess...
@____________________ok Күн бұрын
allready everything is made there , even the Bmw carbon wheel is made in China , besided that all the other high-end brands have their parts made in China too , Vpg , sim precision , gsi , grid etc etc.....
@far9b 2 күн бұрын
What an awful clickbaity headline you have there. It's not going to be a state-owned is it?
@blingblingmydiesel19 2 күн бұрын
Sony should buy them for PlayStation side of things
@JimmyNuisance 2 күн бұрын
Playstation already does hardware of high quality, I just don't think they care about those types of peripherals. They seem happy to just let others do peripherals for them.
@EAsportsItsintheGame187 Күн бұрын
The gt dd extreme wheel is already designed by polyphony sony ;) I guess sony wouldnt mind that if they made lots of money of it. But damnit fanatec existed 25 years on its own... you think wheel like the bmw m4 or bentley wheel would have been designed if they werent?
@JACKZERYT 2 күн бұрын
Oooohhhh the beef, the music makes it 💯💯🤣🤣, this keeps going lol. Thanks kireth! Keep up the good work buddy!
@Kireth 2 күн бұрын
Thank you, keep racing!!
@modlifecrisis997 2 күн бұрын
Why are you personally ruining fanatec Kireth?
@videogamemadness88 2 күн бұрын
I know why is he soley destroying fanatec, unbelievable lol
@herlegz6969 2 күн бұрын
Because nothing compares to Fanatec fidelity and response frequency.
@slaphead90 2 күн бұрын
@@herlegz6969 Given that fidelity means "honest and/or lasting support", and that the response frequency from support is in the order of weeks to months, then yes, you're correct. Nothing does indeed compare to Fanatec at the moment.
@1993ka24det 2 күн бұрын
Facts don't care about your feelings😂
@herlegz6969 2 күн бұрын
@@slaphead90 my experience and everyone I know IRL with one has had zero issues. The fake manipulation in the comment sections doesn't match reality.
@Dzasmina2304 2 күн бұрын
Did they take this picture with Xiaomi phone? 🤔
@michaelmonstar4276 9 сағат бұрын
Looks more like an early digital camera from 20+ years ago. How tf does it look like that??
@X1erra 2 күн бұрын
Well, I'm not complaining; there's already Simagic and Moza there being very successful there. It might be the best option to save themselves and their brand at this point. And it's good for us Asian drivers, we wanted Fanatec products to be accessible for a LONG time.
@EAsportsItsintheGame187 2 күн бұрын
Im already buying only qr2 and magnetic shifters vom aliexpress anyway xD
@michaelmonstar4276 9 сағат бұрын
Damn, I love that Mi took a picture with a twenty year old digital camera.
@LeventeMeszaros-kk8vj 2 күн бұрын
Thank you very much for keeping us updated
@Kireth 2 күн бұрын
No problem at all!
@bigeggsalads 2 күн бұрын
Watching this felt like 8 minutes of speculation and 9 seconds of facts
@MarkFisch 2 күн бұрын
Where do u get ur sources from. Also Corsair just sent 4milion to help Fanatec restructure. So why would someone else be buying them
@MarkNOTW 2 күн бұрын
Has Kireth shorted Fanatec?
@cpx7002 2 күн бұрын
Seems like
@Leynad778 2 күн бұрын
If so, he succeeded already (0.19€, peak was 24€ in 2021)
@Kireth 2 күн бұрын
I've never owned shares or shorted Fanatec, I'm just reporting on the news 🙃
@arranmc182 2 күн бұрын
Personally if Fanatec is sold to Corsair then to me it will be a brand to ignore as Corsair sounmd like they want to entre the Sim Racing market with out doing the real work.
@TheSimChannel 2 күн бұрын
where are all those spicy quotes from? can you paste me a link? Like the one about Belma and you.
@rickswanracing3139 2 күн бұрын
A couple thoughts.. first.. if a KZfaq content creator can do “substantial irreparable damage to a company” the size of Fanatec, then they are a paper tiger and fragile. Second, if Corsair is already pumping money into Fanatec to keep them solvent, then there is likely a legal obligation and a contract already in place. Corsair isn’t just going to give them money as charity, it will be for a return on investment backed up by legal obligation. Third, how much legal authority does TJ actually have over the operations of Fanatec? If the company is being operated and controlled by other leadership, I dont understand how his Asian negotiations could have any power. My only thought is if he personally owned patents on the products, he may have some leverage to yank ownership of the designs and send them to China. It’s a very curious situation that I fear will lead to a legal quagmire, that ultimately will do the REAL damage to Fanatec.
@NoOne-zo6gj 2 күн бұрын
The SIM Racing community is not very large and the internet is the primary source of sim racing information so yeah if a youtuber has a large audience, they potentially can do some damage in decreased sales and reputation However, if the youtuber was reporting actual events and not making anything up, then no damage done, they are just reporting what happened.
@andrev5207 2 күн бұрын
If Endor is bought by either Xiaomi or Corsair both are excellent options. Either way, the components themselves will likely be made in China because it is hard for anyone else to compete on quality or price. The amount of debt Fanatec have is peanuts. A certain amount of debt is required for growth - especially when earnings are well in excess of interest. Software development might be better if done in the US but will see how it plays out. Corsair is certainly a good match offering a premium line of computer hardware and peripherals.
@Kireth 2 күн бұрын
Win win?
@groundhabit6408 2 күн бұрын
Listen to yourself speak “ I don’t know I don’t have the information “ but proceeds to speak on something you have zero info on.
@Kireth 2 күн бұрын
Blud commented on something with zero information
@groundhabit6408 2 күн бұрын
@@Kireth your words my guy … that’s called bad journalism. Read the room and your own chat many shares the same sentiment. You can’t state you don’t have details but proceed to speak on said subject.
@Kireth 2 күн бұрын
Details are in the videos 👍👍
@groundhabit6408 2 күн бұрын
@@Kirethyeah like the details of the banks collecting at end of June. Yet once again wrong on the information you spread… report on concrete info and less speculations.
@accordia79 Күн бұрын
@@Kirethyou responding to this man’s comment the way you did is proof enough your word is like water fluid and changing at every turn. You have 0 factual information and spread assumption at best. I am not sure if anything you say anymore is true! You act like a 10 year old that gets mad when others wont agree to your opinion and assumption based reporting!
@wwjnz9263 Күн бұрын
8 minutes 9 seconds of a Sweet Summer Child rambling. 😂😂😂
@vipers.recordings6116 Күн бұрын
I’m from the U.S. but I think I’d rather have Jack than somebody else take the company.
@jamesh460 2 күн бұрын
So is it safe to still make a purchase currently on the website? I need QR2
@MarkNOTW 2 күн бұрын
I did 3 weeks ago. Whole new setup. No issues. Received in less than a week
@jamesh460 2 күн бұрын
@@MarkNOTW I’m in the U.S. btw .. thanks for the reply 👍🏽
@MarkNOTW 2 күн бұрын
@@jamesh460 same here. Florida.
@MarkNOTW 2 күн бұрын
@@jamesh460 I’m in the US
@MarkNOTW 2 күн бұрын
I’m in the USA
@b4lderm Күн бұрын
Have been holding back on buying a Fanatec DD Pro since January due to the massive mess started during Black Friday, hope they get this sorted out because i might just get a logitech g29 instead and be done with it 😅
@philcarpenter809 2 күн бұрын
I purchased a DD 8nm and a couple different steering wheels with CSL load cell pedals to decide if Fanatec would replace my Thrustmaster TMX setups. I'm thinking of replacing my other three Thurstmaster TMX with Fanatec DD+. I'll wait to see how this works out. Whomever buys it should insert some integrity and make sure the stock/shareholders don't lose their investment because of the sale. I don't and have not owned any Fanatec stock. But seeing small investors loose out so another company can purchase a company at a bargain price is not what I consider the moral high ground. If the transaction happens and stockholders loose it all I'll switch to another brand for my sim setups.
@leesavage8041 2 күн бұрын
Will my social credit score go up if fanatecs sold to china ?
@KJB__ 2 күн бұрын
No
@slatanek 2 күн бұрын
No one is talking about it cause there's nit much to talk about. It's all speculative at this point.
@Selfimprovement-rm9hj 16 сағат бұрын
only tabloid people are talking about it. thats all it is.
@davidcupra4913 2 күн бұрын
Dd+ is amazing. According to a lot of people it’s one of the best bases on the market now.
@Kireth 2 күн бұрын
Perhaps a product Fanatec should focus on?
@Mc_davaz Күн бұрын
BMW should buy fanatec
@harshapatil5506 2 күн бұрын
Price might be lowered and possibility of open ecosystem?
@Kireth 2 күн бұрын
I suspect whoever buys Fanatec prices will lower
@RandomNameMy 2 күн бұрын
@@Kireth Not so sure, Corsair makes some of the most expensive(overpriced) PC peripherals out there.
@hozlemonster5721 Күн бұрын
What about them still MAYBE coming into stores? Would that be a thing if they go with china?
@angelogovender633 19 сағат бұрын
Yes, China is manufacturing and processing mostly all products in the world, and they should buy it, Apple went there abt 16(+-) yrs ago....also fanatec supply will never run dry.
@michaelmonstar4276 9 сағат бұрын
As I said on the previous video, it seems that Jackermeijer is just lashing out at everyone now, but he does seem to care about his brainchild company. - I get it, but he seems in a kind of panicked state, which is also understandable. I mean, this kind of business is cutthroat and it moves rapidly and there's all kinds of legal politics that can be played to screw one another over. - I hope this company, just out of principle, lands in a good spot, along with him. I have no stake in this whatsoever, not even a product as a consumer, though perhaps changes to this company could change the simracing-market for better or worse, so that's the extent for how much I'm invested.
@momorious 2 күн бұрын
0:04 thats not exclusive news. Thats broadly available news for everyone.
@Kireth 2 күн бұрын
Hello my old friend! How is the feeling at Fanatec, is there a preference for old or new management?
@momorious 2 күн бұрын
@@Kireth nobody would ever say something in public, so the answer is no and you know that.
@Kireth 2 күн бұрын
I suppose that's true. Does it feel like Fanatec is more on top of the customer service and deliveries now though?
@momorious 2 күн бұрын
@@Kireth you wont get an answer to anything internal from me ;)
@Kireth 2 күн бұрын
That would be an exclusive 🙃
@matthiasgrunwald895 2 күн бұрын
Sell it to North-Korea :-)
@matthiasgrunwald895 2 күн бұрын
I shorted Endor AG stocks
@Hmonks 22 сағат бұрын
I’m sure the price will remain the same
@oniisaac9081 2 күн бұрын
They only reason I didn’t go with faneteck is because of all that’s happening watching your videos
@rogercloutier1419 14 сағат бұрын
How did this happen to Fanatec especially considering the economy is strong, no recession. 2020 made the sim market explode and brought so many new people into the hobby. I know there are new companies on the market now but so many new people too. Fanatec sales are still good so it sure seems like bad management. Hopefully everything gets figured out and Fanatec can continue to operate but I really think the BS reporting isn't helping anything.
@Sjokoting 2 күн бұрын
I would like Thomas to keep Fanatec, but if selling to China is the compromise, i rather have Corsair taking control.
@MatthiasKubik Күн бұрын
Much more complex than you think, and much nastier than you think. Lookup Lacktausch and translate his videos abt it. You're not even scratching the surface
@Lacktausch Күн бұрын
Danke Dir! ❤ Ich habe Kireth schon häufiger angeschrieben und auf Fehler in seiner Berichterstattung hingewiesen. Es hat leider keinen Zweck... Ich habe ihn auch schon vor Wochen gewarnt, er richte Schaden mit seinem Narrativ an - ohne Ergebnis.
@MatthiasKubik Күн бұрын
@@Lacktausch ich schau mir seinen Kram normalerweise nicht an, hat für mich zuviel von click bait.
@Lacktausch Күн бұрын
@@MatthiasKubik Ich auch nicht (mehr). Schadet meinem Blutdruck. 😄
@raytaylor4199 2 күн бұрын
Interesting situation, Xiaomi are a big organisation, loads of people criticise Chinese production & manufacturing, that Era passed ages ago, they are probably the best in the world and have the most experience, I think they’d do a good job, probably better than Fanatec.
@jasonfaga437 2 күн бұрын
If this is true and happens you can say goodbye to the US Fanatec market.
@jahshjahsh2002 2 күн бұрын
1- We all are a bunch of P's. 2- We keep fighting every one who's trying to work until we make sure he fails. 3- Especially sim racers, everyone who tries to help them or give them something new was called a scammer. We only respect status que powers no matter how they abuse us. 4- For decades, ideas were being stolen (or let's say copied), leaving those who worked hard in R&D to fall into depression and bankruptcy. 5- At least things are being sold for money now. 6- Next is you, your dog and me. Get ready to learn Chinese buddy.
@marknorton365 Күн бұрын
Yes Xiaomi! I love their phones, one of the best quality/price Products maker
@rdeh1678 Күн бұрын
If corsair does buy fanatec the prices will go up 30 %
@808GT 2 күн бұрын
"To save the company". Well, why did the company need saving in the first place Thomas? Hm....
@7MBoosted 2 күн бұрын
If Fanatec is sold to Xiaomi, their marketshare in the USA will drop to 0% overnight. Xiaomi, to the best of my knowledge, are not allowed to operate within the USA due to ties to the Chinese government. I could be wrong, but I think it could be the case.
@EAsportsItsintheGame187 Күн бұрын
Xiaomi would be the investor. Not the owner
@takeshi_r3235 Күн бұрын
I thought it's the opposite? U.S doesn't want Chinese products to come in isn't that the reason for tariff
@7MBoosted Күн бұрын
@takeshi_r3235 yes, the US government has disallowed Xiaomi to operate/sell things in the US in the past.
@001sander2 2 күн бұрын
Nobody panic; Fanatec products are already made in China 🙂
@FuZZbaLLbee 2 күн бұрын
Yeah but now they have serious demands on quality. This will not be the case if a new Chinese party makes the decisions
@Tvtgames101 8 сағат бұрын
Thank god it not Monza this finna be awful
@The_BenboBaggins 2 күн бұрын
I thought the Corsair thing was a done deal?
@Kireth 2 күн бұрын
Jackermeier says thats not the case!
@The_BenboBaggins 2 күн бұрын
@@Kireth I'm sure he does, but what's the real/legal state of play? (Regardless of whether it is right or fair)
@Mancitydiehard 2 күн бұрын
Could care less who runs the company as far as they start putting out new quality products again!
@davidmorales2767 2 күн бұрын
True, but I feel like it depends on who runs it
@rogercloutier1419 14 сағат бұрын
So let me try to understand this better. You're saying Thomas has been removed as CEO but he is in China trying to strike a deal but at the same time Corsair just sent 4 million euros to keep Fanatec functioning. Do you realize that makes no sense? If Corsair is funneling money through the business to keep it functional then it's very likely that they are going to be the company to purchase Fanatec. I don't know anything about bankruptcy and shareholder laws but it sure seems like Thomas wouldn't be in any position to make the decision anyhow. I really hope everything works out but I don't think you are helping the situation.
@videogamemadness88 2 күн бұрын
I told you its ur fault lol
@miker0n327 2 күн бұрын
let's go Corsair!!!
@brentonedwards 20 сағат бұрын
Fanatec is essentially Chinese anyway. It’s all made in China, and they outsource 98% of their operations. Chinese support is better than no support.
@richnick1911 2 күн бұрын
Can not go wrong with the Logitech G Pro!
@Kireth 2 күн бұрын
Been using one for 2 years, about the same time as my Fanatec CSL and McLaren 🙌🙌
@richnick1911 2 күн бұрын
@@Kireth what wheel do you gravitate towards the most?
@Kireth 2 күн бұрын
Right now, Ascher McLaren Pro is my favourite wheel I'm using
@bsv01 2 күн бұрын
I bought a Fanatec wheel in May when it was a German company. I don't want to purchase any accessories if it's china company. This pixelised photo was shot on xiaomi!?!? XD
@rdeh1678 Күн бұрын
Xiomi is the Apple of Asia
@filiprojcek2098 2 күн бұрын
I really don’t want Fanatec to be sold to Xiaomy. I mean, let’s be real. Xiaomy don’t really make that good phones. I think I would prefer Fanatec being sold to Corsair than Xiaomy, but the best case scenario would be when Thomas becomes CEO again and fixes everything back to how it was. Thanks Kerith for keeping us informed on this Fanatec situation. Keep it up ❤️
@botondvalyi-nagy464 2 күн бұрын
I work a lot in China in automotive. Great idea to work with them. Good guys, They are.
@Kireth 2 күн бұрын
Potential Fanatec link up with Chinese automotive?
@donzmeuheu6153 Күн бұрын
This guy is such a joke. Don't listen to him, he has zero information. That's called bad journalism.
@marklewis2727 2 күн бұрын
Fanatec is all Chinese stuff anyway
@R4ZORLIGHT Күн бұрын
Nothing special, he wanna save the company he built over so many years. And one potential investor is Xiaomi... doesn't mean he is selling the company lol. Jackermeier will keep the majority of shares, so he stays in control.
@Phantom096 Күн бұрын
Don’t sell it to China Thomas contact Sergio Perez from F1 he saves companies.
@bahamasracing233 2 күн бұрын
I own a Xiaomi Phone and just ordered a Xiaomi smart Watch Today. Good brand I have too say.
@Tvtgames101 8 сағат бұрын
Poor fanatic
@_Elixir 2 күн бұрын
Is this a soup opera? Are u kidding? 😮
@Kireth 2 күн бұрын
Bro does this look like Cream of Chicken Soup to you
@BBRacing_oNE1 Күн бұрын
@@Kirethwhen I see how you did the journalism part than I have to say no it’s not a coup of soup
@user-fb5bt6jd7v 2 күн бұрын
Xaomi > Corsair
@mcalbols Күн бұрын
usa
@joeypage8286 2 күн бұрын
I hope xauomi can help create more affordable wheels.
@AlejandroVales 2 күн бұрын
I guess if this is true I’ll never buy Fanatec again 💩 I’m not going to be buying some “premium chinese crap” over a local European company
@EAsportsItsintheGame187 2 күн бұрын
Fanatec was always cheap china products, designed in germany lol
@AlejandroVales 2 күн бұрын
@@EAsportsItsintheGame187 i think you’re talking about moza, fanatec had way more quality, and although they manufactured in china had quite some stuff from germany
@hotworm3468 2 күн бұрын
Maybe cheaper in china but the quality will suck!
@cmorin522 2 күн бұрын
I hope it doesn’t go to china.
@terrylu4894 Күн бұрын
all fanatec products are manufactured in China...
@ichewieda4765 8 сағат бұрын
You have no clue .... only clickbait for your own 15minutes
@Kireth 8 сағат бұрын
Thanks for watching the video twice!
@ichewieda4765 8 сағат бұрын
@@Kireth yes, gladly. I just wanted to show this bad journalism to my friend. From now on, this crap will no longer be followed here
@Kireth 7 сағат бұрын
@@ichewieda4765 bro unfollowed his own comment 😅
@ichewieda4765 6 сағат бұрын
@@Kireth That's just as nonsense as your video. But if these are all your problems, then congratulations...... Grow up
@Kireth 6 сағат бұрын
Thank you bro 🙌🙌🙌
@1993ka24det 2 күн бұрын
If China buys Fanatec, I will not buy anything else from them.
@TheOfficialRandomGuy 2 күн бұрын
It’s already manufactured in China.
@braveheart4603 2 күн бұрын
Why do you hate the Chinese ?
@jamesh460 2 күн бұрын
🤦🏽♂️
@Ducankovic 2 күн бұрын
GET THE TRANSPARENCY OUT THERE!!! SHARE MY VIDEO CUZ IT MAKES ME TRANSPARENT!!!
@Kireth 2 күн бұрын
Thank you my friend!
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