In a lengthy, official video preview, members of the Epic Games development team have unveiled the first look at the upcoming Unreal Tournament sequel. Jump to the 1:30 mark in the above video for a brief tour.
Keep in mind, the above video includes very early, work-in-progress footage taken from within the engine that will power the upcoming Unreal Tournament. There are no guarantees that the final game will look this good, though at this early stage of development it's entirely possible that the final product will look even better than what Epic has shown us here.
While the final version of Unreal Tournament is still a ways off - Epic has yet to announce a release date, or even a vague release window - the developer is still seeking input from fans on how best to craft this latest entry in the long-dormant series. If you're interested, register an account on the official Unreal Engine forums and give the developer a piece of your mind.