The bands get together to record a new version of the Lips 1999 single 'Race For The Prize'...

Flaming Lips have recorded a new version of their former single ‘RACE FOR THE PRIZE’ with members of Mercury Rev.

The two bands got together recently in Tarbox Road Studios, Dave Fridmann‘s studio in upstate New York, to work through the track. It had been suggested that it was put together for future broadcast on UK radio, though a Flaming Lips spokesperson said the exact intention was unclear.

He added: “They went into the studio within the last three or four weeks really just to see what it turned out like. At present I’m not aware of any plans to release it.”

The Flaming Lips were unable to be reached for comment. They are presently enjoying a few days off following their triumphant headlining slot on Glastonbury’s New Band Stage last weekend (June 24).

They then begin a fairly extensive round of European and Japanese festivals kicking off in Belgium on Friday (June 30).

The festival dates are as follows: Werchter Festival, Belgium (June 30) Roskilde Festival, Copenhagen, Denmark (July 1) Kulturbolaget, Malmo, Sweden (3) Stockholm, Sweden (5) Quart Festival, Kristiansand, Norway (6) T in the Park Festival, Scotland (9) Rockwave Festival, Athens, Greece (12) Summersonic Festival, Fujikyu, Japan (August 5, 6) Paredes de Coura Festival, Lisbon, Portugal (13) V2000 Festival, Chelmsford (19) V2000 Festival Staffordshire (20)

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