Looks to me that the gaming industry is killing simulation.
Microsoft sacked the entire Flight Simulator staff, not profitable enough.
LFS niche market will not be interesting enough for EA, there is more money to be made on games like dirt, fuel, etc... arcade racing. Its about how much will your invested dollar churn out, what will your stockholders want you to do. You will not find something as LFS from large developers soon, if ever. And even if that happens, I seriously dont think you will want to be part of the racing community that would be attracted.