It used to be that only the winner of the race got to shake hands with Mr. President, but nowadays it's the corporations that hold the power.

That's the premise of the newly released trailer for "Death Race 2050" that debuted at New York Comic Con. The film is the follow-up to the 1975 cult classic "Death Race 2000," reuniting producer Roger Corman with the pulpy franchise that pitted murderous racers against each other in a cross-country quest to amass as many pedestrian hit-and-runs as possible.

RELATED: RUMOR: Mad Max: Fury Road Prequel in the Works

The original "Death Race 2000" imagined an America, and much of the world, ruled by the fascist Mr. President who had long ago instituted the death race sport as a media spectacle and national morale booster. "Death Race 2050" looks to change up the structure established by the original film somewhat, replacing Mr. President with The Chairman (Malcolm McDowell), and the United States of America with the United Corporations of America.

RELATED: 11 Movies That Need a Gender-Swapped Reboot

"Death Race 2050" is first official sequel to "Death Race 2000"; the franchise was rebooted in 2008 by Paul W.S. Anderson as "Death Race" and saw two follow-ups. The "Death Race" reboot imagined the race as being limited to prison inmates, whereas the racers in "Death Race 2000" are simply vicious volunteers with their own respective cult of personality.

"Death Race 2050" is directed by G.J. Echternkamp and stars Malcolm McDowell and Manu Bennett. The film will be released direct to Blu Ray, DVD and various digital platforms on January 17, 2017.

Via Entertainment Weekly