As Midway's spiral into bankruptcy continues, Ubisoft has announced that it will be handling the sales, marketing and distribution of Wheelman in most major markets.

In development at Midway's Newcastle studio, the driving-action game starring "action-film megastar" Vin Diesel will hit PC, PlayStation 3 and Xbox 360 on March 24. Previously, Midway was set to handle all publishing duties for the title.

An Xbox 360 and PlayStation 3 demo of Wheelman is expected before its release.

Specifically, Ubisoft will be responsible for the game's sales, marketing and distribution in North America, South America, Australia, New Zealand, France, Germany, Austria, Switzerland, Ireland and the United Kingdom. Under the deal, Midway retains its future rights to the franchise, and the ability to sell the game in all other European territories.