A Redditor claims to have found evidence (that we can't verify) that Rockstar are testing a Midnight Club game on Xbox Live (via VG247). Could it be a remaster? A reboot? Apparently, the car pictured is a newer model (which also could point to this being fake), and well, there's just something about it that makes us not trust it entirely. It's been 9 years since Midnight Club: Los Angeles was released so a new game in the series is long overdue, but that doesn't necessarily mean anything when it comes to Rockstar.
Update: At first the wrong picture was uploaded in error. The original picture was, of course, a Skyline GTR.
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