Burnout Paradise has been announced!

BurnoutAholics:

The latest in the best-selling Burnout racing series has been announced, after publisher EA revealed it would be out this winter for PS3 and Xbox 360.

Burnout Paradise will enable players, says publisher EA, "to take their dangerous driving experience to a whole new level".

The firm claims that next generation technology has given them an opportunity to offer an unprecedented level of crash detail allowing gamers to, "experience the most explosive pile-ups in the series' history".

“We have been working towards Burnout Paradise for quite some time. Next generation consoles have opened up a raft of new gameplay opportunities and the Criterion team has leaped at the chance to innovate and raise the bar to an all-new high,” said Pete Hawley, Executive Producer for Burnout Paradise. “There are going to be some big surprises and a lot of new features but the core of the game is still pure Burnout. Instant accessibility will be reinforced by innovative on-line capabilities which will see Burnout Paradise smash racing conventions.’’

Check out the following links:
Burnout Paradise (official website) 
Press release
Screen shots and trailer