No beta but a direct release, so closely after TM2 Stadium release?! If that's right, then that's bad news...
Honestly so close after TM2 Stadium people won't be as impulsive to buy another game. Let alone a game they haven't even tried. On top of that all the info, hype and footage so far is a bit underwhelming. The chances of 'failure' for Valley are pretty high this way I think.
edit: The car looks distinctively different in some of the screenshots! Does this imply that there are 2 different car models with the game?