Tagged Burnout Paradise, and Pure, this "leaked" video seems to show a footage of a street racer in the works by Disney Interactive-owned Black Rock Studio.
With off-road, over-the-top racer Pure and a slew of ATV and MotoGP titles under their belt, it looks like Black Rock wants to get into the street racing business.
Looking over their job vacancies page, it looks like the game will likely be for the Playstation 3 and Xbox 360. I'm guessing this is the original IP racing game that they were hiring a lead technical artist for back in May.
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The video ends with To Be Continued March 11, 2009, so we don't have long to wait.