Sony Computer Entertainment Inc. today announced Gran Turismo 6, the latest version of PlayStation’s best-selling franchise, will be released this Holiday season. The news was revealed today by legendary Gran Turismo creator Kazunori Yamauchi at an event held to celebrate 15 years of the 70-million-selling series.

“It is amazing to think that it is 15 years since we first released Gran Turismo,” explained Kazunori Yamauchi, during the announcement at Silverstone Circuit. “Things have changed a lot since then and now Gran Turismo 6 is a further evolution of my dream. We’re pleased to deliver GT6 to PlayStation 3 as we have a very loyal community on that platform. However, we have refactored the game to make it very flexible and expandable, with a view to making many future developments. I am very pleased with everything about the new game and the new additions, but the launch will be only the beginning for GT6. The game will continue to develop throughout its life. I already have many ideas for things I want to achieve in the next 15 years of Gran Turismo!”

The new iteration launches with 1200 cars, 33 locations, and 71 layouts. That’s seven new locations in addition to those in Gran Turismo 5, and one of the new ones is the UK’s Silverstone circuit, where today’s event took place. Polyphony Digital’s developed a new game engine for GT6, which Sony says “pushes the limits of the PS3,” and a new physics engine, which includes new modeling for suspension, tyres, kinematics, and aerodynamics.

Sony also confirmed that a demo of Gran Turismo 6 is scheduled to launch this July.