The newly named SCE Studio Liverpool released its first title, "Formula One 2001", in 2001. The game was also the studio's first release on the PlayStation 2, and the first entry in the "Formula One" series after taking over from developer Studio 33. From 2001 to 2007, Studio Liverpool released 8 installments in the series between the PlayStation 2, PlayStation Portable and PlayStation 3. However, Sony Computer Entertainment's exclusive licence with the Formula One Group expired, without renewal, before the 2007 season, marking the end of any further "Formula One" series installments from the developer.