This.

Well nintendo really needs a new racing game because mario kart......LOL it's just rubbish and you really can't compare that to GT or Forza......mario kart, how can you even mention that rubbish

ok ok, I was just trying to have a bit of fun . here's my serious response:

reasons I like this idea: 

• It's good use of the hardware - customization of cars and tracks via the tablet, using the WiiU controller like an arcade steering wheel, etc. 
• It makes sense from a business perspective - Mario Kart is currently Nintendo's biggest market for a single franchise and they have been trying to expand their racing portfolio since forever.
• From the sound of it, it's a good use of human resources - being developed mostly by external devs with a long history of making this type of game, and also building more business relationships with talented studios in the west.
• In terms of public relations, it's a good way to signal to current owners of PS3 and 360 that Nintendo is still relevant to them, and also demonstrate that the company is never resting on its laurels and remains unexpected and aggressive.
• it allows Nintendo the opportunity to add a unique twist to the genre, or just revive some good ideas that it abandoned along the way, and make it more interesting and accessible for everyone in the long run

reason's I don't like this idea:

• May not contribute to having a more balanced portfolio on Nintendo consoles - It's actually an area/genre with sufficient amounts of effort and talent behind it currently in the industry - besides polyphony digital and whoever makes the forza games (since they are exclusive) there are multiple teams at EA (NFS Shift, NFS Hot Pursuit, etc), Codemasters (Grid, Dirt, F1 etc)  and elsewhere (Sumo - makers of F1 2009 and Sonic Racing, Nadeo - makers of the excellent Trackmania games,also project CARS which I already mentioned) who are releasing these kinds of games on all platforms, and their games are actually pretty good. 
• May further alienate third parties -  Nintendo entering this market could be percieved as a threat by third parties, and goes against the idea that it is in Nintendo's best interest to allow them to release software that complements Nintendo's own first party offerings. From the way the article describes the project, it looks like it is meant to be one of very large scale, which means less sales for competing products on Nintendo's platform - don't try to claim that on other consoles this isn't the case, since we all know whenever Nintendo dedicates themselves to something they knock it out of the park and end up dominating on their own platforms.
• Seems more like a red ocean move than a blue ocean move - instead of focusing on creating more genres, which stimulate growth and leave room for third parties to fill in the gaps with their own interpretations (nintendogs, fitness games, brain games, music games etc ), this kind of strategy has Nintendo spending considerable effort (financially, man-hours, etc) in exchange for limited returns in revenue and limited growth in user base.

This thread takes me back. Back to a time where many of you who are saying; "sims are boring, I don't want Nintendo to do this." were telling people who said; "motion controls and casual games are stupid, I don't want Nintendo to make them." that they were being childish and elitist. I know that I'm one of the biggest advocates against motion controls and touch controls so maybe it sounds dumb coming from me, but my gripe lies with trying to make the whole industry into a mishmash of flailing about and rubbing your fingers on unresponsive pads that would hinder depth of controls, I have never said outright that "I don't want anyone to be able to enjoy motion or touch games", that would be, well, childish and elitist.

Just think about that for a second. Would it kill you if Nintendo released a racing "sim" on their console? Aren't you guys always talking about how much money Nintendo have? Surely, they can afford to publish one game out of the usual group?

After 50 years Nintendo makes a new IP, congratulations!!!

?

Xenoblade Chronicles

Disaster: Day of Crisis

Soma Bringer

Wii...

Brain Training/Age

Nintendogs

Steel Diver

Eco Shooter 530

Maboshi

Dillon's Rolling Western

Line Attack Heroes

2/10

OP: It will be interesting. Let's see this E3 if it's real, and what is/can do exactly.

This has as much chance of dethroning Gran Turismo as Little Big Planet does dethorning Mario...

I'm 28 this year. I'm not some dumb kid that's only ever played games on one brand of console like you get infesting places like this. Outside of some as yet unforeseen new genre, I've tried games in every genre in existence on consoles from pretty much every manufacturer around now or in the past (I never played a Neo Geo game, for shame). I'm old enough to know what I like, and what I don't like, and I know that there's very little certain genres can do to change my mind on this as they are mostly set in their ways. Racing sims are one of those that are unlikely to ever sway me, and if that makes me elitist, then so be it.

You'll notice though that I don't say that racing sims are bad for the industry as a whole, nor do I suggest that racing sims will be the death of traditional gaming, which are just two examples of many critiques often levelled at motion controls. I just don't like them, I don't try and tell other people not to like them, or that they are doing something bad by liking them, and that is the crucial difference.