SEGA are to release a sequel to Sonic & SEGA All-Stars Racing around Christmas time this year. This was discovered from an attendant at the New York Toy Fair where new SASASR toys were on display. The only information available at this time is that new characters and vehicles are to appear. These will be revealed later in the year. There has been no mention of what systems the game will be released for.
[Source: Kotaku]
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