I think some links would be helpful here:
http://store.steampowered.com/app/422590/
http://wackywheelsracing.com Loved to play the original with some friends in hotseat-mode in the old days. Because of nostalgia I bought the original version here on sale. I think still today it would be a nice multiplayer-game, but unfortunately nothing that keep you interested in single-player mode. My impression after watching the trailer: Graphics are fine, but nothing I would need thanks to the multiple filter options of dosbox. From my impression the new graphic style emphasizes how flat the game world is, but I guess while in action that will not be so apparent. The music sounds softer to me, I don't know if I like that.