I'm of the rule that most videogame movies suck and videogames based on movies suck even worst. However, it appears the extremely poor box office take and negative reviews from the Speed Racer movie has had an after effect (after birth?) on the videogame version. The producers felt they had a good game on their hands.
Taken from the link above by Mr. Lee
(("When we were first asked to do Speed Racer the property it was incredible, it was very exciting. It was a film by the Wachowski brothers and it was about car racing - awesome that's going to make a great game." ))
I think there is always a risk in merchandising that your spin off products could take a hit if the movie is a bomb. Do you remember all that merchandise from the first Hulk movie?
(("When you make a game based on a license you really are playing roulette - you don't know how the film is going play out in the market," he said. ))
With a price tag of 120 million, it has only made $89,236,613 of that change back worldwide.
I remember Paramount making claims that their Tomb Raider movie franchise was harmed by the poor quality of the Tomb Raider games.