First image from Pixar's Cars 2 revealed?

The movie Cars 2 is slated for release in Summer 2011, and that means that Hollywood CGI types are busy sketching, rendering and compositing. Production artwork (seen above) found in Disney's annual report, has Lightning McQueen running in Japan ahead of what we'd imagine is a Formula 1 car. The plot has McQueen dashing around the world with Mater to win the Race of Champions. Mater gets confused for a top spy, and we can only hope that will be much funnier in Pixar's hands than Larry the Cable Guy's last outing as a government operative.

[Source: Pixar Planet]