Nice Tech announced Carnage a couple of months ago, a MMO racer for Xbox 360 and PC to be released in Q1 2007 - and here is the first image "from the game", even though it's only from the menus. It's hard to know wether it's for the Arcade or if it's a full game, but the graphic style hints Arcade-style. Inside you'll find some more information, together with some renders from the announcement.
@KORNdog: @nostradamus: Rise of the Tomb Rider is far from being a steaming heap... Look who started the bashing now... Uncharted, Horizon and Tomb Raider are all enjoyable in their own way... (5 Hours ago)
@nostradamus: I never claimed anything about Lara Croft. (6 Hours ago)