Unfortunately you cannot achieve this that way because the ClassInitializeAttribute Class cannot be inherited.
An inherited attribute can be used by the sub-classes of the classes that use it. Since the ClassInitializeAttribute cannot not be inherited, when the MyTest class is initialized the ClassInitialize method from the MyBaseTest class cannot be called.
Try to solve it with another way. A less efficient way is to define again the ClassInitialize method in MyTest and just call the base method instead of duplicating the code.