We already know that John Doe and Sweet Tooth will have major roles in the TV series by Playstation Productions.
Not sure I agree with John Doe being a major character to be honest, but it is what it is, so that kind of leaves room for just about anybody to be in the TV Series. Seriously, not even a psychic would have guessed John Doe as the central character. Nobody ever said "Oh I love Twisted Metal... that game with Sweet Tooth and John Doe". He's not even the best of the Roadkill drivers. If Doe is in even a scrub character like Melvin the midget from Twisted Metal 4's cutscenes has a chance of being in the TV series.
I picked the most likely candidates but likely your choice isn't even on the poll so please share.
Why I picked these 7;
Mr. Grimm
Grimm has been every Twisted Metal, in some form, so I'd be very surprised if Grimm wasn't in the TV Series. Even Death Race had a Grimm!
Now what form will Grimm take, who knows, but does he deserve more or less screen time? Is Mr. Grimm better as a mysterious force or a well developed character? Should there be a lot of supernatural characters like Mr. Grimm, Minion, etc. in the TV series?
Calypso
Calypso runs the contest, grants the wishes, and the one single comic book with Twisted Metal in the title is a story about Calypso, so why shouldn't he have a big role? Because they might want to tease the audience long enough before actually revealing the character. I just get the feeling they wont show Calypso until maybe the end of the season to keep the story mysterious. Would you like more Calypso? Should Calypso's daughter Krista Sparks (Grasshopper) have a role?
Preacher
Preacher is Sweet Tooth's greater rival, not John Doe, so Preacher should be a main character. A live action Brimstone would look great. Hopefully Preacher makes the cut as a major character, it would make the show better just having a psychotic holy man involved.
Dollface
I doubt Mr. Ash is making a comeback (sadly) so if Darkside returns we will likely see Dollface return, but hopefully it's nothing like the 2012 version of Dollface. Probably wont be like the original, I'd expect a completely new version of Dollface like how they've approached John Doe.
Axel
Axel is too crazy of a character concept to pass up, and most memorably appeared in Twisted Metal 2 where he stole Sweet Tooth's spotlight and since then carried on in every game but his first appearance was his most memorable. Might be that the character concept is a bit too crazy for even the Deadpool writers and Axel will not be on the TV series, but Axel would certainly make an interesting on-screen character. I could see many memes coming out of it.
Agent Stone
Unlike the other law enforcing characters of Twisted Metal, Agent Stone actually had a cool name. The first Agent Stone was a secret spy 007 Bond type of character and the 2nd was an unlucky suicidal but skilled police officer. For an action comedy I'd expect a more Crimson Fury-ish Agent Stone to appear, rather than the depressing version.
No-Face
How dope would No-Face (Crazy 8) be in the TV series? Would love to see an episode of Twisted Metal from his perspective but I imagine getting the look of the character down for a live-action filming would take a lot of work. I chose No-Face because ironically he was the new face of Twisted Metal when Twisted Metal: Black came out. Sure, Sweet Tooth's face was on the cover, but look at the game's manual, it's No-Face's Journal. He was meant to be an important character originally, so maybe the TV series will continue that character's legacy.
Other
There are many other characters that could get adapted. Bruce Cochrane, Hammerhead Mike, Mortimer, Raven, Mr. Slam/Simon, Jamie and Buzz, the Watts twins, Billy Ray, Angela/Amanda X, Black, Agent Orbital, Club Kid, Captain Rogers... The thing is just about every character I mentioned is unlikely to have huge roles. There are exceptions of course, like Krista Sparks, Charlie Kane, characters like that by whom they are associated with are elevated to major characters, but while Hammerhead, Thumper, and Outlaw are seen as important to lore to the fans, Hollywood writers may just see those characters as cannon fodder. I just get the feeling we will see a lot of expendable characters on the show, and maybe we will see a lot of familiar vehicles driven by original characters so while we might see Twister blow up we may not necessarily see Amanda Watts blow up, and it can give the writers a lot of freedom in killing off familiar vehicles without killing off familiar characters. We already know TV John Doe will be nothing like TMB John Doe outside of the memory loss, for example, so we might also get a lot of familiar character names attached to unfamiliar characters to further complicate the matter. But the bottom line is I guess you can't really expect any faithful character adaptations so if you're worried they might butcher your favorite Twisted Metal character you probably don't want to see your favorite characters involved.