Phil Spencer just hopped on stage at Microsoft's Xbox Reveal event and has just unveiled Forza Motorsport 5 for the Xbox One. While there's no firm launch date for the console just yet, the next-gen racing title will arrive on launch day when Redmond's next gaming box arrives later this year.
Microsoft hasn't published the eye candy-filled trailer it just played up on stage, but you can be sure we'll update here when it does.
Update: Our fine friends over at Joystiq have gotten ahold of the trailer, which we've slotted in past the break.
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