Midway Games announced today that they were developing the next game in their popular series of retro arcade game compilations, Midway Arcade Treasures 3. However, this compilation will be focused primarily on racing games; as a result, it appears that Mortal Kombat will be sitting this compilation out. From the press release:

"The Midway Arcade Treasures brand continues to be one of Midway's strongest-selling and most popular franchises," said Steve Allison, chief marketing officer, Midway. "Midway Arcade Treasures 3 provides the same, classic feel as the previous two Midway Arcade Treasures installments while bringing back several of the most popular racing games in the industry's history to today's next generation consoles."

With the latest addition to Midway's classic gaming vault, consumers will be given the option to either hone their racing skills in single player mode in games such as S.T.U.N. Runner, or fulfill their head-to-head appetite and leave friends in the dust with titles such as Hydro Thunder and Super Off Road.

This news may cause disappointment in some MK fans, as it was hoped that MK would make a reappearance in Midway Arcade Treasures 3. However, if the sales of the previous Arcade Treasures games are any indication, this surely will not be the last Arcade Treasures game, and there's always hope for Midway Arcade Treasures 4...

To read the press release in its entirety, click here.