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Namco Bandai has released a new Ridge Racer 7 commercial in Japan. The game is set for release on November 17th (US) / 19th (Japan) and features 5.1 sound, blistering speed and graphics, 20 courses to racer on, online play for as many as 14 racers, implementation of cool Nitro system showcased in the last two versions, car customization options for at least 200,000 car variations per vehicle, and significant improvements in online play (including cooperative team play). 
Watch the video after the jump!
Ridge Racer 7 once again whips the racing series in a frenzy, with movie-quality visuals and a stronger online component from that of the Xbox 360 game, Ridge Racer 6. Director Masaya Kobayashi, assistant producer Hideo Teramoto, and sound director Hiroshi Okubo all worked on the successful PSP and Xbox 360 Ridge Racers, and are aiming to use RR for PS3 as a showcase of the system’s power and capabilities.
Via IGN.
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Ridge Racer 7 (PS3) Video Review - TechFresh.net - Tech News - Apple iPods Cell Phones Laptop Digital Cameras HDTV DVR
[...] We have posted the commercial video of the Ridge Racer 7 several weeks ago. And now, our friends at IGN show us a video review of PS 3 newest game title, the Ridge Racer 7. What makes Ridge Racer 7 is so special is that the game boasts 1080p resolution graphics running at 60 frames per second. It also features 5.1 surround sound and free online gameplay. The game has around 40 cars, with each car having around 200,000 different variations. There are also 20 courses, available to drive reverse. Watch the video review after the jump! [...]