Rockstar have announced that the latest game in the Grand Theft Auto series will be available in Spring 2013 on Xbox 360 and PlayStation 3.

Grand Theft Auto V is set in the sprawling city of Los Santos and the surrounding area, Rockstar have stated that this is the largest and most ambitious title in the series to date and hopes to deliver a world of unprecedented scale and detail bursting with life, from mountaintops to the depths of the ocean.

"Grand Theft Auto V builds on everything we've learned about open world game design," said Sam Houser, Founder of Rockstar Games. "We can't wait to share it with fans."

Also announced is that pre-orders for the game will begin on November 5th.