Rockstar Games have spoken their first word today on Grand Theft Auto V with an official release statement on their Newswire.
Quashing the rumours of a return to San Andreas, they have confirmed that we're heading back to Los Santos only, but with the inclusion of "surrounding hills, countryside and beaches".
GTA 5, which is also stated to be Rockstar's "largest and most ambitious game", promises to recreate a large portion of modern day Southern California according to the statement, and money will be a heavy influence as perhaps indicated by the new style 'V' logo.
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.- Rockstar Games
Related Forum Topic: Grand Theft Auto V Official Announcement