This is the second recent release of a power-up type racing game following on from Split Second (which I also have). They have touted this as a "Mario Kart for adults" and whilst in premise that may be correct, but for me in practice it's not quite that.
It seems these days all racing games are focusing a heck of a lot on presentation within the menus, and Blur does this quite well and the transitions between them and the races is very smooth - something that cannot be said of the PC version of Split Second.
The races themselves are fast paced and it is quite possible to gain the lead and with skill pull away from the AI opponents - another thing Split Second fails on with its mysterious catchups.
As for progression, the game has plenty of tracks, plenty of licensed cars, and the graphics are very good. I'm yet to try out the multiplayer, but I no doubt will once I've played it another day or so. But it does look promising.