What year exactly or century/decade does Formula Fusion take place? after seeing some concept art on R8 Games's Facebook page including the environment artwork, this looks more in between mid 22nd century to early 23rd century if that's too far future like what they said here unless you meant the racing/craft. Some of the screenshots and closer video analysis of the environments remind me of WipEout HD tracks like Talon's Junction, Modesto Heights and etc.

Does early 23rd century sound too far future?

I would like this to take place in the 2220's for personal reasons, despite that this is not a WipEout sequel and a different universe.