Finally, the new F1 game is on the way

The first Formula One video games since 2006 will be released later this year, software developers Codemasters said on Thursday.

Having secured the official licence from F1 at the conclusion of the exclusive Sony deal, it was announced that games will be produced for the PlayStation, Xbox, PC and Wii.

Games for the Wii and PSP (PlayStation Portable) will be released this year, with ‘next generation’ versions to appear in 2010 for the Xbox 360, Playstation 3 and PC.

"We're working very closely together on the upcoming Formula One titles and are very impressed with what we have seen," Bernie Ecclestone stated.