The teaser PV was released here. The first season just wrapped up after the 12th episode aired. The release is set as sometime in 2024. Season 1 synopsis from AniList:
202X A.D., a future beyond Initial D.
Self-driving cars are in widespread use in Japan, and public roadways are used for auto racing. In such an era, a race called MFG has become popular around the globe. Porsche, Ferrari, Lamborghini… Participants are invited to race with their fastest cars. One such participant, a British racing school graduate, Kanata Rivington, returns to Japan to achieve his goal.
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So it’s not about a Motha’ Fuckin Ghost?
You’re not the only one that has thought that exact same thing