MCV has the announcement of Superstars V8 Next Challenge from a couple of days ago that we overlooked at the time (apologies, and thanks Gamer's Hell), saying the racing sequel is planned for release in Q1 2010:

Varese, 27th October, 2009 - Superstars V8 Next Challenge is the latest edition of the Black Bean racing series developed by Milestone for the Xbox 360®video game and entertainment system from Microsoft®, PlayStation® 3 and PC that will be released in Q1 2010.

The game has been developed with the expert advice of race veteran and champion of the Superstars competition, Gianni Morbidelli. Gianni made it possible to make multiple improvements and integrate many real world features, regarding the fine tuning of each car performance.

The new edition will be enriched with new licensed cars from top tier manufacturers, new tracks and some of the world’s best known and challenging circuits.

Superstars V8 Next Challenge will have countless improvements to discover, from new gameplay modes&online experiences to all new realistic 3D environments, all in keeping with Black Bean’s strategy of continuously refining the high-quality level of its products.

Superstars V8 Next Challenge will offer you access to a fast and exciting new racing experience!