UPDATE: Codemasters has been in touch to clarify its Codemasters Racing announcement.
Codemasters remains the name of the company. Codemasters Racing is a new label, which launches alongside DiRT Showdown, and will be the home of Codies' racing brands: DiRT, F1 and GRID.
Codemasters is no more: meet Codemasters Racing.
The publisher has announced it will rebrand itself from May - and is now only developing racing games. Codemasters Racing is now hard at work on games in the popular F1, GRID and DiRT series.
What does this mean for the Operation Flashpoint and Bodycount series'? Codemasters told Eurogamer today it has no intention to continue with them.
"The focus is an exclusive one, there are no other genre properties in development at this time; racing is everything. We are also increasing headcount across the operation, which currently employs around 700. We are expanding the teams by a further 100+ development positions, which are opening over the course of the year across the sites."
To accompany the re-naming of the independent British developer, Codemasters has also announced a free community portal that will bring all of its racing titles together beneath one social umbrella.
Titled Race Net, the browser-based service will provide gamers with a single driver profile that will unify accomplishments achieved across all Codemasters Racing games.
More details: http://www.eurogamer.net/articles/2012-04-19-codemasters-is-no-more-meet-codemasters-racing