Haven't seen anything official posted by Codemasters who are working on the game, but XboxAchievements reported yesterday that this game will be releasing at some point 'soon' for XB1, PS4 and PC. Seems quite odd to have a smaller website report on it without any official word, but there's at least some box art to go with the news so I doubt this is fake.
Edit: There's now been an official announcement from Codemasters (19th Jan).
XboxAchievements Link
Edit: There's now been an official announcement from Codemasters (19th Jan).
Full blog post, including trailer, here.Releasing in April 2017, Micro Machines World Series will support up to 12 players online and four players on the same screen, across a variety of racing and battling environments. Each of the 12 vehicles has its own unique load-out of weapons and abilities and the game will launch with a massive range of customisation options.
XboxAchievements Link