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Kresnik said:

Not sure if want.

I don't see what Evolution could do with the IP that would be better than what Liverpool did.  They were masters of the genre, but the series just doesn't sell that well.  And it would probably end up with Evolution getting shut down if there was another under-performing WipEout.

I thought Evolution had taken on staff from the Project Gotham Racing team anyway.  Was more interested in seeing some new racing game ideas from them.

The good news is that the studios are right next to eachother, hopefully Evolution have just hired some of the old Liverpool guys.  And for what it's worth I thought Pacific Rift was fantastic. 

EDIT:

Uh oh..

UPDATE: In the moments since publication MCV has been contacted by two sources who claim that Evolution is not the new WipEout developer. We will await an official confirmation.