I am hearing some rumors being reported today after seeing a spike in chatter within the gaming community on today. I have not seen the third-party game tracking tools show this much rumor in a long time. I will say the tracking tools are way more heated than the chatter I am seeing, so something might be off here. Again, I saw some initial chatter from within the gaming forums and on this site starting on today.  Now, I decided to cover it on everyday even if the chatter was not at the levels that would warrant me posting something.
To be clear, Wendgames' radar has not confirmed any release is officially going on.
Mod, cheat or hack tracking tools:
Let's start with what the tools are showing:
bila sensor:

Souma sensor:

So most of these tools are incredibly heated, signaling that they are showing available mod, hack or cheat for the game.
Wendgames chatter:
Here is some of the chatter from various comments on this site and facebook groups since the release:

Holy shit this is the biggest gaming news of the year

I surprisingly knew about this game's existence before this!

From someone who actually played it, it's fine, just a pretty average  game. Unless you're chomping at the bit for new experiences, if it looks interesting to you just play the first one.

Let's make a little summary for the game:
GAME INFO
Name of Game: Burnout Masters
Version: 1.0046

Name of the cheat, mod, hint, tip or hack:
-Unlimited Money
-Mod Menu
-Money increases instead of decreasing
-Massive attack
-God mode
-Free Purchases
-Free Shopping
-Enemy does not attack
-Weak enemies
-Unlimited coins/hearts/gold/gems
-Dumb Enemies
-Free Store
-Stats Boosted
-Mega Mod
-High damage/No Shake No Recoil
-mod rewards
-Damage & defense multiplier
-Game speed multiplier
-Unlimited Ammo/no reload/No Recoil
-radar hack/Infinite money
-Unlocked/all levels unlocked

Game description:
This update welcomes POWERCRUISE to the BURNOUT MASTERS GAME!!
POWERCRUISE is a powerhouse event offering insane free roaming multiplayer gameplay and a new official BURNOUT MASTERS burnout pad!
Two new PRO Burnout Cars hit the BURNOUT MASTERS GAME with crowd favourite MR MULLET and NZ winner BARELY ready to tear up the track, burnout pad or cheeky back street!
– New level: POWERCRUISE track and official BURNOUT Pad!
– New pro car: MR MULLET!
– New pro car: BARELY
– 4 new cars to build!
– Other improvements and additions

BURNOUT MASTERS is the official game of the world famous extreme motorsport series.
The Burnout Masters competition game features more than 40 real life competitor cars plus over 70 stock cars you can build and customise to create the ultimate burnout machine!

Skid your own car, or legendary Burnout Masters rides, at internationally renowned events including the iconic Summernats. Shred tread on burnout pads at all major Burnout Masters series events such as Red Centre NATS, BRASHERNATS at Western Sydney International Dragway, Tropical Meltdown at Springmount Raceway, the Capricorn Coast’s RockyNATS, Motorvation at Perth Motorplex, Darwin’s top end GAZZANATS, Rapanats in New Zealand, POWERCRUISE plus Cleetus McFarland’s Freedom Factory direct from Florida’s fry zone in the USA!

Build your car, and bring it on with BURNOUT MASTERS!

The Burnout Masters game features:
– Insane multiplayer with up to 10 cars skidding together!
– Cruise the biggest burnout event in the world – Summernats!
– Intense burnout physics with realistic smoke, engine explosions and popping tyres!
– Built not bought. Install engine upgrades, customisations and even engine swaps to create the ultimate burnout car.
– Custom tune your engine and manage temps as you push your car to the limit!
– Build your favourite engine in detail, choose from 4cylinder, v6, v8 or even rotary engines!
– 24 detailed burnout pads to tear up and explore including official real life events, a free roam city to explore and even lockdown skids in your driveway!
– 70+ different cars to build and drive!
– Leaderboards to compete with friends and the community!

Real life events at real locations!
– POWERCRUISE raceway and Burnout Pad!
– FREEDOM FACTORY!
– Summernats 34! Summernats is back and we’ve built the entire arena!
– Summernats 33! The biggest burnout competition in the world!
– GAZZANATS in the Northern Territory!
– Red CentreNATS! Head over to Alice Springs and tear up the RCN event!
– Burnout Masters at Western Sydney International Dragway!
– Tropical Meltdown at the Springmount Raceway in Cairns!
– Motorvation at Perth Motorplex!
– RockyNATS in Rockhampton!
– Rappants in New Zealand!
– LOO5ENATS!

Real life competitor cars!
FULLONX – Fuller is back with FULLONX!
ONGROG – Insane burnout ute!
KEEP IT REET join the party!
1320, ATRISK, BLOUP, BLO202, TOAST, BLWNLUX, LUXIFER, TUBSHP
AGROXA, UCSMOKE, ULEGAL, LYNCHY, CEMBLO, S1CKO, GM176
FULLON, UNWANTED, IBLOWN, EVILXA, LSONE, FILTHV, CLIKB8, HAMMERTIME
FRONTBACK, PROPSI, HOLDON, NUTOUT, LOOSEQ, ZEPHYR, USA502, LOO5E
SKIDMA, EVIL69, DSPRING, ZEROY, Adam LZ’s Barra Turbo build!

Plus many more to come.

Join our community:
FACEBOOK: https://www.facebook.com/BurnoutMastersGame
INSTAGRAM: @burnoutmastersgame
Web: https://www.burnoutmastersgame.com/

Burnout Masters MOD APK Version 1.0046

Manual Steps:
1. Install Modded APK
2. Play

Download Now
In any case, the best mod, cheat or hack for now comes down to these tips:

1. The first cheat or exploit is to not skip the tutorial, even if you're an advanced player and this is your second, third, or fourth alt account. The beginner's tutorial gives you lots of free stuff and rewards, which are some of the most valuable items in the game.
2. Keep watching the ads and collecting more and more daily currency rewards.
3. Play daily events for more chances to get better currency.
4. Practicing to get better time in PVE or offline mode.
5. Don't skip any unleashed events.
6. Use ad packs from the store to get currency. And free packs can be obtained every certain number of hours.
7. Watch YouTube or Twitch videos: gamer's gameplay style and tutorials.
8. Play against many different opponents with many different gameplay styles.
9. Join the game community on Discord, Reddit, Facebook, or other social media platforms where you can share your gaming experience.
10. Are you a competitive online mobile gamer? The secret to becoming a top mobile gamer is to first have at least a medium-range phone or a top-of-the-line phone. Without a good device, you will never be a good gamer. Next, you need a superfast internet connection. If you want to do exploits against other gamers online in real time, you need incredible internet connectivity, or else lag will become your best friend when your ping goes up to over 300 ms. And finally, you need to be me, Wendgames, the greatest mobile gamer the world has ever seen. If anyone else tells you anything else, they're lying. Skills only come through persistence with great devices and fast connectivity to react appropriately against enemy players.