Sonic Team if they could decide on anything related to the franchise for more than a game. But ideally I'd just throw it at Nintendo, or Arcane Kids (Dreams Collection aside.) Arcane has the Dreamcast/Saturn presentation/aesthetic down and they made Zineth, which was essentially Jet Set Adventure 2 pushed to it's logical extreme with it's momentum and skating mechanics; and speedy physics-based games being something the team excels at. https://www.youtube.com/watch?v=eCr5twS6xc8 I can't imagine they'd ever take on such a straight-forward commercialized project based on a property who's internet community they roasted the shit out of, but it is a pretty perfect match, at the very least in terms of programming the core gameplay.
Edit: aw jeez does this place not embed videos