Looks great, love the reflection.
However, space ships and racing games just don't mix, in fact space ships only really work in deep space. This is not a critique of your work, just an idea you may want to think about.
About 8 years ago, there was this gamine in the arcades, CyberSled:
(Picture kept small so as not to intrude).
It was an amazing deathmatch style game with big sleds, you had really accurate control of theses, side stepping etc and blasting the enemy, collecting power ups - in a really straightforward level layout. Anyway, I reckon this style of game would suit the look much better, imagine a big chunky sled gliding on that loverly reflective floor
.
Also, the sleds can be rediculously low poly, because it suits them really well - like simple neat designs are great.
Anyway, give it some thought, maybe even play the PS2 version if you can, I spent a whack of money on this arcade cabinet, I'd love to see an online multiplayer game like it.
Van-B