Space Race (video game) first game. After leaving Nutting Associates and founding Atari in May 1972, Bushnell spent a few days designing "Asteroid", but soon had to drop the project to focus on running the company. After the release of "Pong", Atari's first game, development resumed on the title in Spring 1973. Dabney has claimed credit for the game's final design, though "Pong" designer Allan Alcorn has stated that he and Bushnell may have been involved as well. "Asteroid", codenamed VP-2, was designed to be a racing game that would be simple to create to fulfill an earlier contract with Bally Midway; Atari had
Nolan Bushnell During this time Bushnell was using large loans on his Pizza Time stock to fund Catalyst. By the end of 1983, Chuck E. Cheese was having serious financial problems. President and long-time friend Joe Keenan resigned that fall. Nolan tried to step back in, blaming the money problems on over-expansion, too much tweaking of the formula and saturation in local markets by the management team. He resigned in February 1984, when the Board of Directors rejected his proposed changes. Chuck E. Cheese's Pizza Time Theaters (now named after its famous mouse mascot) entered bankruptcy in the fall of 1984. ShowBiz