Check out this blurb from Criterion's job listing...
“Criterion Games is looking for talented Cinematic Artists to work on the world’s number one, multi award winning, arcade racing franchise,” the adverts’ overview reads. “You’ll be part of the in game Cinematic Team within EA’s BAFTA award winning Criterion Games studio; with responsibility for bringing to life the visceral, brutal car action Criterion is critically acclaimed, trusted and renowned for.”
The listing doesn't say Burnout, but it sure reads like Burnout. One would hope that a new Burnout on 360/PS3 would get some Wii U love as well.