Most of the races take place on EarthIf Mute City in F-Zero is New York as we know it now, that means that at least some of the races take place here on our home planet. But in F-Zero GX's story mode, we're never given any indication that Falcon ever leaves the surface of one planet, meaning that it all took place on one world. Here are where some of the courses are: Red Canyon is likely the Grand Canyon, as there is a river running through it. You can see the river in the Red Canyon story mode course, in Chapter Two. Big Blue was once a city attached to a continent, likely the American West Coast. It was likely Paradise City from Burnout Paradise, which became Pacific City, from Crackdown, which became Oceania, from Extreme-G 3. Port Town may be San Francisco, or any number of other West Coast cities, making Captain Falcon an American. This means that in F-Zero, Earth Is the Center of the Universe.
The game takes place in the Mega Man universeMute City could totally be the city where Mega Man and co. lives, or the first level of Mega Man X (or, well, any city of the series). This is also why you can die so easily: either you are falling in a Bottomless Pits or on Spikes Of Doom.
Mute City, Port Town, and Red Canyon are all futuristic versions of notable places in the United States.This is going off of the anime, which states that Mute City is New York City... in the future. In the Story Mode of GX, Captain Falcon starts off by training in Port Town. The next day (Chapter 2), he bumps into Samurai Goroh while riding through Red Canyon. After winning, Falcon speeds off to Mute City and arrives there by sunset. Now, this is just conjecture on my part, but if Mute City is indeed The Big Apple, then my guess is that Red Canyon is the Grand Canyon and Port Town is somewhere on the West Coast, presumably California. Think about it. NYC is indeed a very important trade center for America, in the same way that Mute City is the center of trade and commerce in the galaxy. I'll let you do the math with the Grand Canyon. As for Port Town being on the other side of the U.S., the F-Zero machines (as of GX) cruise around at a default average of 1000km/h. That's pretty darn fast. If Falcon left Port Town in the morning at those kinds of speeds, he probably could make it to the East Coast by sunset. And yes, that is factoring in the short "race" he had with Goroh. However, I have no clue where that places Lightning and Aeropolis (the former being a short distance outside of Mute City according to Story Mode; the latter is presumably also on Earth).
The game takes place in the Lylat System in an Alternate Universe.
Captain Falcon has a counterpart in an alternate universeWho drives a bike rather than a car, never removes his helmet with incorporated Cool Shades, whose blue uniform with eagle motifs is instantly recognizable, who has a gun and uses it, whose punches are legendary, whose mighty chin is the most you see of his face, who chases criminals for a living... Did you really need to highlight this?
F-Zero is the Professional Wrestling of the futureGiven the Lucha Libre inspirations of some of the characters, the outlandish backstories and rivalries, the fact that racers can be "retired" in fiery explosions but still show up fine for the next race, and F-Zero GX's TV Interviews (with characters that would probably not be willing to conduct such a thing), it's not too far to assume it's choreographed.
The series will see a revival on the Wii U.Explained here. Wii U will be the next destination for the new F-Zero, and the Wii U should be powerful enough to handle the engine. Also, F-Zero is the only other series besides recent Sonic games that have fast enough movement to take advantage of the engine, and Sega had a hand in GX.
Captain Falcon's ancestor was Judge DreddLook at them side by side. It's possibly logical that after some many years after Mega City One, New York became Mute City in 24th century. Which somehow Judges started to come away to form the Galtaic Federation. It was then Captain Falcon's DNA who was cloned by Internova Police Force....