OnePlus Ace Racing Edition has launched with MediaTek Dimensity 8100-Max processor, a 120Hz display, a 5000mAh battery, 67W charging, 64MP main camera, and Android 12. The phone has been spotted on the OnePlus India website.
That's the same chipset as the original Ace, but a new display. The camera and battery have been changed as well as a few other things (like adding a 3.5mm jack).