GTA V has been officialy announced but we still have no release date. Here is the press release:

We are very proud to officially announce that Grand Theft Auto V is in full development.

Developed by series creator Rockstar North, Grand Theft Auto V heads to the city of Los Santos and surrounding hills, countryside and beaches in the largest and most ambitious game Rockstar has yet created.

A bold new direction in open-world freedom, storytelling, mission-based gameplay and online multiplayer, Grand Theft Auto V focuses on the pursuit of the almighty dollar in a re-imagined, present day Southern California.

The long awaited GTA V has been announced and now we have a trailer. Enjoy!

What do you think?

Jason DeLong the executive producer of NFS: The Run explained on the Playstation Blog about the engine used by the upcoming Need for Speed game, Frostbite 2.

By using this advanced engine, Black Box could create some really great cities and other landscapes with alot of high details.

The mini-clips from NFS: The Run are created using the same Frostbite 2 engine so it looks like this game is almost all about Frostbite 2. This is the future of gaming!

NFS: The Run will be launched on november 18.