I've been watching this project for quite some time now, its called "Night-Runners" and its a racing game developed by a single Dev thats basically a new take on the long since dead Shutokou Battle Series that hasn't seen a new game since 2006. I can't wait until september when the Demo for this will finally be out. The video shows how the car customisation looks and shows a bit of racing at the end. Official "Website" of the Dev is his Twitter channel over here: https://twitter.com/NightRunners_jp