Nintendo's kart racer is consistently one of the highest-rated of all time with each release. They are almost without question the best kart racers available for each platform for which they are made (MK64 for N64, MKWii for Wii, MK7 for 3DS, etc).
Nintendo recently revealed that the Wii U iteration of the franchise will appear in playable form at E3, so presumably it is already well into development and is not too far off from release. Unfortunately for Nintendo, there is already an excellent kart racer available on their new console. They'll have to step up their game if they want to impress.
What can Nintendo do with Mario Kart U that hasn't already been done in Sega's Racing Transformed? Transformed features a fleshed-out evolution of Mario Kart 7's flight- and water-based kart racing, local multiplayer up to five players thanks to the GamePad, and a wide variety of gameplay content.
Will Nintendo change direction to avoid simply copy-pasting Racing Transformed? Will they fine-tune the same style to an even greater degree than Sega's racer? Or will Sonic be the new King of Kart Racers?