Another PS hardware would be too much for the industry. Just let Nintendo have that space, the Switch is basically what the Vita 2 would be anyway.
Portable market has been badly wounded by smartphone/tablet games, it needs space to heal so that there is room enough for regular handheld gaming and there needs to be just one portable system for now, so developers aren't split, that portion of the market is too weak to support that. It's like two people trying to walk on already thin ice ... it's just not needed.
Sony needs to stay out of it, besides Playstation 5 needs will need to start taking their focus over the next 12 months if it's to launch by 2019/2020 ... games take 2-3 years to develop, that means hardware dev needs to quite advanced at this point and software development needs to start this year most likely. PS4 still needs to be supported on top of that. Where does another hardware line even fit in here when you factor in VR as well.
Anyways sounds like this is a GT VR bundle, which would be pretty cool, unfortunately GT is not really my thing.
