Does anyone have any sales figures for Codemasters' game before you start accusing people?
Just because you're a sim snob doesn't mean their product is "garbage". Though I'll admit that I haven't got anything more recent than 2013, I still play the classic mode on that regularly and it's great fun.
Thing is, I'm as you call me a "sim snob" and I would like to drive F1 cars in a sim, F1 doesn't give me that option so I have to revert to F1 mods. I would not have any problem with Codemasters releasing arcade games if they would just give sim racers the chance to enjoy racing F1 cars too, and by that I don't mean just 1 licenced car.
Let them sell the right to produce a arcade to codemasters and sell the rights for a sim to a sim developer, everybody happy.