Time to celebrate, racing fans.

Today, Codemasters has officially revealed GRID 2 , the sequel to the award-winning GRID . The anticipated follow-up effort is set to release some time next year for the PlayStation 3, Xbox 360 and PC.

You can view the debut trailer at the game's official website ; the video shows off Chicago and Paris, which is only a small sampling of the "stunning new world of competitive motorsport." The title has been in pre-production for the past couple of years, and is now in "full development;" Codemasters is utilizing the latest iteration of the EGO Game Technology Platform to bring this one to life.

GRID 2 aims to once again raise the bar in terms of gameplay and overall technology, and to these developers, it's "all about the race." Said Executive Producer Clive Moody:

"GRID’s back and we’re going to make street, track and road racing exciting again. The core design philosophy for GRID 2 is that we treat the race as a character, not a consequence of simply putting cars on tracks. Everything that goes into the game impacts on that second-to-second, in the moment, blockbuster drama – the feel and personality of the race.

We’re pushing boundaries once again with what can be accomplished in the genre via new tools, technology and innovations. In single-player, split-screen and online, the next-generation of the EGO Game Technology Platform will power graphics, AI, handling and damage advancements that will immerse players in the racing experience like never before. Like its predecessor, GRID 2 will put the sheer thrill and adrenaline rush of the race at the heart of the experience. It’s what we call Total Race Day Immersion."

Featuring an expansive new career mode, cinematic style, a new TrueFeel Handling System with realistic physics, and multiple locations from North America to Europe to Asia, GRID 2 should be quite the package. Lastly, they're going to tackle the multiplayer realm by providing gamers with "an entirely distinct and extensive gameplay component and unique progression system," as well as the RaceNet structure. Ready to drive?

Related Game(s): Grid 2