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Well, I'm not sure if Mongoose racing will be in the beta but it does look like the Mongoose and the Race playlists will be in Reach. Of course, Bungie would have had to been crazy to leave it out.
Three new screenshots of Halo: Reach have come out and they look to confirm the return of the Mongoose four-wheel vehicle that made its debut in Halo 3. The screenshots also appear to confirm that Bungie enjoys the 'Race' playlist as much as the Halo 3 players do.