Retro’s making a comeback, and Codemasters is in the forefront: the company announced plans for Micro Machines v4, a revival of the classic racing series, for the PS2, PSP, PC and DS.

The title is scheduled to ship this Summer for the aforementioned consoles. Here’s a bit on the title, with more after the jump.

It’s been called “the most playable game in the world”* and was the party game of choice for a gaming generation, and now a MICRO MACHINES video game is set to return to game screens as Codemasters today announces the revival of its classic series.

A smash-hit series through the 1990s, Codemasters, has once again secured the rights to the miniature vehicles for an all-new video game that promises a real return to the MICRO MACHINES game’s much loved, all-out fun, racing gameplay. The property is under license from the Hasbro Properties Group, the intellectual property development arm of Hasbro, Inc. (NYSE: HAS).

Mixing miniature mayhem with maximum multiplayer racing, MICRO MACHINES v4 game will arrive packed with knockabout, breakneck racing in the fastest scale miniatures, complete with explosive weapon power-ups. Letting you loose with hundreds of vehicles, each with distinctive performance abilities, you’ll be racing your inch-long miniature motors on the wildest tracks where everyday household objects appear immense in size and can become lethal hazards.

Sport cars, street racers, stock cars, 4×4s, beach buggies, lowriders and muscle cars are just some of the MICRO MACHINES models you’ll be taking out on the improvised tracks around the MICRO MACHINES house, garden and - for the first time - beyond!

Fans of classic MICRO MACHINES games will rejoice in the return of some of the series’ most popular racing arenas. Spin out around the breakfast table littered with cereal spills, tear through the kitchen, turbo boost around the pool table (while avoiding the treacherous pockets), or hit the gas as you drive around the rim of the bath, carefully negotiating the ferocious waters pouring over the edge of the bath.

As well as the familiar feel-good environments, MICRO MACHINES v4 game sees your racing world expand further than any previous MICRO MACHINES game. Go beyond the house and garden tracks and discover what it’s like to race across house roofs, in the sewers, through supermarkets, museums and even down to the farm, with its danger-packed chicken coop!

Of course, it wouldn’t be MICRO MACHINES without an arsenal of power-ups and weapons to collect and use on your opponents while you’re racing. The MICRO MACHINES v4 game brings all the favourites back, including the car-mounted giant hammer!