SCEE has confirmed to VG247 that Wipeout HD is being planned for a Q2 release.
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Videogamer reports that Colic Berry, Lead Designer at Sony Computer Entertainment Europe's Liverpool studio has confirmed plans to offer additional content for the upcoming WipEout HD for PSN.

"We are still deciding exactly what downloadable content we will release for HD, but hopefully we will be releasing additional tracks which could include a mixture of old tracks and brand new ones," said Berry. "Additional ships and music are also on the list of downloadable content we hope to release."

This content won't stop there though, with Berry also discussing the possibility of introducing new game modes.
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Theres only one thing sonyrumors love more then HD and thats Wipeout in HD. They have played the series since its PlayStation launch, now over 10 years ago. So here comes Wipeout HD with a butt load of new features, including 1080p 60fps, Online 8 player mode and now, custom soundtrack.
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The WipEout series has always had excellent soundtracks and WipEout HD promises to be no exception. Sony has today revealed the full music list for the game, along with a plethora of other details, most of which we've seen before. The full soundtrack for the game is as follows:

MoveYa! & Steve Lavers: Chemical
Stanton Warriors: Tokyo
DJ Fresh: X-Project (100% Pure mix)
Ed Rush, Optical & Matrix: Frontline
Noisia: Seven Stitches
MIST: Smart Systems
Mason: Exceeder - Special mix
Booka Shade: Steady Rush
Kraftwerk: Aero Dynamik
Nothing on that list take your fancy? That's okay, WipEout HD will feature full custom soundtrack support, just like its PSP cousin, Wipeout Pulse.
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Sony Computer Entertainment America released a new fact sheet today on the upcoming, PSN racer WipEout HD.

In a laundry list of both new and old features, Sony wrote about the inclusion of eight teams from WipEout Pulse (Feisar, Assegai, AG-Systems, Qirex, Piranha, Triakis, Goteki45 and EG-X), pilot assist, five race modes (Single Race, Tournament, Time Trial, Speed Lap and Zone Mode), downloadable content (extra teams, ships, tracks and events for the race campaign), score posting, and custom playlists.
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We thought WipEout HD looked decent enough when we posted the first shots of an early preview version, but these new shots show the game has come on in leaps and ... » Read More

Andrew Yoon from Joystiq.com's PS3fanboy talks about the upcoming PS3 title 'Wipeout HD':

Did you hear that thud? That's the sound of our jaws accelerating to the floor, smashing into a million tiny pieces. New images of Wipeout HD have surfaced at PlayFrance, and they look absolutely stunning.

What makes this more impressive is that all of these images will be running in full 1080p HD resolution, and at a silky smooth 60fps. That's almost unheard of in this generation of games. Imagine how exhilarating it will be to race these stunning tracks with Wipeout's trademark sense of speed.

The French interview also reveals a few other interesting tidbits. Development of the game started less than a year ago, with a team of only six people. The team has grown to about 30 people now, with 3 of them having worked on the original PS1 Wipeout so many years ago. Although the game is just an HD version of the PSP games, the reworked textures and graphics will make it feel like a completely different experience. Also, expect licensed music from Kraftwerk, Mason, DJ Fresh and Stanton Warriors to return -- this time in glorious 5.1 surround sound. We can't wait for more.
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Things will get off to a good start in 2008 for PlayStation gamers, as Sony confirms a promising Q1/Q2 launch line-up.

The list from Sony US puts Gran Turismo 5 Prologue on track for a Q1 release in the States, while the silky-smooth WipEout HD is pencilled in for a more vague "early 08" release.

Sony UK, however, has told CVG that GT5 Prologue will also hit UK PS3s in Q1, while placing WipEout HD at a slightly more specific Q2 release.
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All of the details for this week's little PS3/PS2/PSP event.

New screenshots, release dates and details for a number of upcoming 1st party published titles, including MLB 08, Patapon, Twisted Metal: Head-On: Extra Twisted Edition, Wipeout Pulse and more.
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SCEA today issued a new fact sheet for WipeOut HD. The good news? The game is now listed as coming "soon". The bad? It looks like a few features have been dropped, in order to get it out quicker and probably cheaper.
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Oct 18, 2007 We've already seen WipEout HD and brought you our first impressions. But now we've got the preview version in the office and it's looking ace. So ace, in fact, we thought you'd like to see it, so we've put together a video showing the best bits from the two tracks we've been given access to. It's true, it runs in 1080p and at 60fps. It's sharp, solid and arcade-smooth and although these low-speed race tiers can feel a bit sluggish, when you get up to speed with a booster, it's ... » Read More

Wipeout HD is hitting the PLAYSTATION Store later this year, and although it's just a remix of tracks from previous games, there's a lot to look forward to. In addition to the obviously improved graphics, the game takes a few key features from previous Wipeout titles, and adds a few of its own:
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Sept 21, 2007 "Port's a bad word," complains Sony Studio Liverpool's game director Tony Buckley. And, after spending some quality time with Wipeout HD, we think he has a point. In gaming parlance 'port' is a dirty word, often prefixed with the words 'sloppy' or 'lazy' and evoking images of a loveless, slap-dash development. However, this is something that, as Buckley points out, his game can't be accused of: "Wipeout HD is not just a port because the amount of effort that's gone into it is ... » Read More

Sony has revealed a ton of details about their Wipeout "best of" compilation coming to the PlayStation Network later this year. Some of the features include:

*PS3 ¿ Get ready to experience Wipeout in full-HD 1080p resolution at 60 frames per second on PS3, exclusively available for download from the PlayStation Store. Greater processing power of PS3 enables more immersive visuals and sound effects in Wipeout HD, heightening the speed within the stunningly beautiful tracks and environments.
* AI Pack Racing ¿ Wipeout HD introduces Artificial Intelligence (AI) pack racing to keep players under pressure and on the edge of their seats.
* Online Multiplayer ¿ Up to eight players will be able to compete against each other in a range of online races

More features at the link.
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Sept 17, 2007 Sony's Studio Liverpool has revealed to GamesRadar the eight racing teams that will appear in WipEout HD when the game is released via the PlayStation Store later this year. They are: • FEISAR • Piranha • AG Systems • Triakis • Goteki 45 • Assegai • EG-X • Qirex With the exception of EG-X (which is new to the upcoming PSP title, WipEout Pulse), fans of the series will be familiar with all the featured teams. It's also highly likely that ... » Read More

Sony plans to release an HD iteration of PSP game Wipeout Pulse for PS3 before the end of the year, an internet report states. According to 1UP.com, the HD Wipeout game will release via PlayStation Network. An official announcement on the title is expected shortly, but the HD Wipeout will apparently definitely feature online multiplayer. It's also been mentioned that the game is regarded as a first step where the franchise on PS3 is concerned, with a major Wipeout game due in 2008. June 26, ... » Read More

Sony Computer Entertainment has officially revealed the sequel to last year's excellent Wipeout Pure. It's Wipeout Pulse, and will be arriving on the shiny handheld later this year. Pulse is spec'd with 24 new race tracks over seven familiar game modes, along with the addition of a new team the EG-X. There's also talk of a new Mag-Strip feature which causes your ship to be locked to the track's surface, allowing for all manner of mental loop mischief. Series fans fearing a handheld takeover ... » Read More

WipEout will make its debut on PS3 complete with full SixAxis controls and "maybe" online multiplayer and a stream of downloadable content, according to Clemens Wangerin, development director for Sony's Liverpool-based development studio, where the next-gen WipEout will be created. A PS3 version is a certainty, and though Wangerin was unwilling to discuss any gameplay details during a recent interview with industry magazine Develop (available for free online), he did speak out on the ... » Read More

A job listing for Sony's Liverpool development studios has confirmed that a PlayStation 3 version of iconic racer Wipeout is in development. The Merseyside-based studio is looking for a senior/lead designer to work on Wipeout, which is described as being a "most revered, innovative and respected arcade/action racing franchise of Sony Computer Entertainment Worldwide ... » Read More