We're pretty sure you've heard about the unfortunate closing of Rage two weeks ago. The company is selling off it's games that were currently under development. Word from our moles deep in the UK (the best in the business) inform us that Microsoft has picked up the rights to release Lamborghini on Xbox. This is not surprising as the game was one of the few racing games to utilize Xbox Live and was due out this Spring. No sooner than the information on MS picking up the game comes to us, but we also snagged an exclusive video of the game and if you look closely, you'll even see the player selecting different Xbox Live options such as host match, friends list, etc.