The first launch title for the Microsoft Xbox One will be Forza Motorsport 5.

Turn 10 Studios will be back with the sequel Forza Motorsport 5, exclusively on the Xbox One. The racing game has been an Xbox staple, and that doesn't appear to be changing with the latest entry in the long-running series.

Few details were available at this time, but Microsoft promised plenty of info would be coming during E3. With Sony bringing its flagship racer Gran Turismo 6 to the PlayStation 3, Microsoft appears to have a leg up on its console competition.

Update: You can check out the first trailer for the sim racer above. It's unclear what's gameplay and what's rendered, but the game looks absolutely fantastic thus far. Let us know your thoughts on the look of Forza Motorsport 5. Does it hold a candle to Gran Turismo 6?