The only annoucement in this Direct...We are now very far from the epic Direct of 2019.
General Directs are pointless these days. A few interesting trailers, but otherwise just a poor method of announcing games. This game is crazy fun. The fact loads of people reacted badly to a free F-Zero game that is arguably the best in the franchise is a failure of the Direct.
Directs are literally the most effective way to market games. They get massive viewership and create huge hype. Many games wouldn't get nearly as much attention if they were just announced with a random trailer. Why else would everyone copy this concept.
Basically every direct gets a whole bunch of first party announcements. This one had more remakes and remasters than original games from Nintendo, but that doesn't render the whole thing pointless and ineffective. The F-Zero 99 trailer just showed gameplay like any other trailer. A game that looks like this can't really be made much better looking in a trailer.
Many people reacting negatively to it is because it's not a fully new game, online only and they set themselves up for disappointment with the leak expecting a GX remaster or a fully new game.
This is on the other hand is a reimagening of the original. So they're salty.