A little too close to "Need for Speed" perhaps? Slightlymad Studios announces their second title, "World of Speed". They call it “action-styled racing.”

You can “build up a garage of unique and competitive cars then take them to the streets to dominate others in fast-paced team-based racing. Take on a specific role in the team and work co-operatively to complete Objectives, earn Driver Score, and level up for big rewards.”

No release date was specified, but it is “coming 2014.”