It seems harsh, but for many (speaking from an Australian racers point of view) this is too little too late.
Just recently the oldest Australian LFS League shut up shop. We'd been racing LFS every Monday night for countless years, but a lack of interaction with the devs and more importantly, meaningful updates slowly but surely killed the game as competitors showed up on the scene.
A new content update may bring a few racers back, unfortunate I think it'll only be temporary.
The ship for many has well and truly sailed.
Myself, I'll always remember the many intense battles I had playing LFS. I got more than my monies worth from LFS.
It might be gone (IMO), it'll never be forgotten!