GTA Four.com - Grand Theft Auto 4

Rockstar have today officially announced that Grand Theft Auto V is in full development. The company released a statement on the newswire which confirms that the game will be set in Los Santos only, not all of San Andreas; it will however include "surrounding hills, countryside and beaches".

The statement also confirms that money will be a major theme of the game, and that GTA V will be the largest and most ambitious GTA to date, re-imagining present day Southern California.

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.