Update 21th Oktober: The game is now available in the market, first impressions show beautiful graphics with way to less content (one sitting on the toilet is enough to see everything) and faked online Multiplayer (You can win the race, but in the results you can be last, they just compare the whole racing time), but all in all, it is a great game. Here is the QR Code and the market Link:

Market Link
Update 20th October Nearly 4 months later, after a publisher switch to EA, Pixelbite just announced via Facebook and Twitter that they will finally release Reckless Racing in the coming days:
After several twists and turns it is finally judgment day… Reckless Racing will be hitting the stores this week. This includes iPhone, iPad, Android and Palm OS versions of the game.
Hope you’ll enjoy it and don’t drive safe!
Guess we finally find out if all the waiting was worth it.
Old News:
Two months ago we showed you the next releases from Pixelbite and now the racing game formerly known as Deliverace is finished and in testing. As an appetizer, the soundtrack got released, you can listen to the tunes created by Martin Noriander a.k.a. Instant Remedy at his page.

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