"The State of Simraceway" thread is a few years old though, I was really big into Simraceway in the early days, but better things came along and I lost interest.. I always thought that what they were doing was not sustainable, because they were never reaching a big enough audience, nor were they setup to deal with it if they did.
With that said, over the years there have been many fake claims of "the end" of Simraceway.
Edit : With that said though, that thread has grown quite a bit since I last saw it and it's not looking good.
Edit 2: But on further inspection, I log into the game and everything is fine, events are available and chat is working, all up and running.