Fanatec has announced Xbox One compatibility for their hardware thanks to a new licensing deal with Microsoft.

As speculated here on VirtualR a few days ago, Fanatec has now officially announced a licensing agreement with Microsoft regarding Xbox One compatibility of their racing hardware.

Fanatec plans on releasing a broad range of Xbox One-compatible racing peripherals as well as making their existing product lineup compatible to the next gen console.

While existing wheel’s will be made compatible in combination with a Fanatec wheel base, Xbox 360-compatible peripherals such as pedals, shifters & handbrakes will be made compatible as well, allowing sim racers to carry over their current equipment.

While details on the exact proceedings are still sparse, this is certainly welcome news, giving Xbox One owners plenty of choice when it comes to racing wheels.

More info on all Fanatec products can be found on the Fanatec website.

[toggle title=”Click Here for the Full Press Release”]This is the announcement many people have been waiting for and we are happy to announce that Endor AG (the company behind the brand Fanatec) and Microsoft Corp. have closed a license agreement to make racing peripherals for the Xbox One.Fanatec plans to release a b road line up of racing wheels which will fit all kind of racing styles and different budgets.Xbox One brings the latest in innovation and power to the development of racing peripherals giving fans of Fanatec products the opportunity to play the newest Xbox One titles with full support and integration.Available soon, fans will be able to enable Xbox One compatibility on their current Fanatec wheels by simply attaching them to a Fanatec wheel base, making their whole system compatible to Xbox One. Additional details and features will be announced soon.Additional Fanatec peripherals like pedals, shifters or handbrakes that were purchased with an Xbox 360 will also be compatible with Xbox One. The modular configuration system in the Fanatec webshop allows you to purchase only the components you need.

Thomas Jackermeier, CEO of Endor/Fanatec: “I am very excited to announce this partnership as we have been working with Microsoft behind the scenes on new and exciting products. Xbox One and “Forza Motorsport” will continue to be a landmark of ultra-realistic racing simulations on any gaming console and we look forward to bringing this realism to a whole new level for our fans.”[/toggle]