I can't see it happening purely because R3E doesn't offer the things your average console racer is looking for, principally no career mode and no road cars. That could change of course but I get the impression Sector3's focus is on thoroughbred race cars and 'real' racing, if you will.
They tried it before with RACE Pro and that was a flop, although it's fair to say that game didn't do itself any favours. Graphics and UI looked dated plus there were bugs. A half-arsed effort. I'm sure Sector3 would do a better job with R3E if a console release ever becomes a consideration.
From a selfish point of view I hope R3E remains PC focused and stays just as it is.