Didn't they basically say a while back, in their view, that they've done everything they could with the series so what's the point of making more?
I was going to point out that Nintendo approached Criterion to see if they would be willing to develop an F-zero game for the Wii-u but they were too busy. But I wanted to do my due diligence first and check out the articles but then found this article speaking about how it was just an ""quite junior" Nintendo of Europe's pipe dream rather than anything official. ("https://www.nintendo-insider.com/new-f-zero-game-was-never-in-development-at-criterion-games/" with video linked)
So I guess the point still stands