Streamlining its lineup of studios, Sony today announced that it will merge MotorStorm developer Evolution Studios and Wipeout developer SCE Studio Liverpool.

The racing game developers are already merged in terms of management structure and [are] using combined resources, according to Sony Worldwide Studios Europe senior VP Michael Denny.

He added that the company plans on completely merging the two studios, but that it wont be happening overnight. Denny also noted that future iterations of MotorStorm is being looked at by Evolution. The Liverpool studio is said to be working on a Wipeout game for the PS3, though it hasn’t been confirmed yet.