Hi
"Art of Speed" is a racing game project that have been developed by "tasvir garan e roya" company .This is a project demo :
http://www.youtube.com/watch?v=APFrEggJlis&feature=plcp


some detail:
this is made by 3dgame studio A8
it has 10 tracks and 10 cars and happens in Iran.
each car has 4 type of body kit. and it's menu is made in flash and rendered in game.