Looney Tunes: By A Hare (lost build of cancelled arcade racing game; 1993)
From The Lost Media Wiki
Looney Tunes: By A Hare is an arcade game developed by SEGA in 1993 featuring Looney Tunes characters. It was shown at the 1993 JAMMA Arcade Show in Japan and hasn't been reportedly seen since. The gameplay looks to be a side-view racing game.