3DO, the developer, fired everyone last week and declared bankruptcy. There is a good chance someone like EA or Activision will pick it up for publishing, being that its practically finished. It will likely be sold to a publisher as an asset in the bankruptcy proceedings.
I would watch Need For Speed: Underground if you're looking for that sort of thing, The Fast and the Furious game is pretty early but should make an appearance this year at the holidays, as well as a sequel to Sega GT on xbox and a sequel to Burnout.
Lets not forget; Gran Turismo 4. For right now, Midnight Club 2 is the game to have, and Auto Modellista isn't bad either - once you get used to the controls.