Those of you who were following along with the live Xbox One keynote this afternoon have likely already seen this video, but for the rest of the world, this is the first look at the all-new Forza Motorsport 5. Slated to be a launch title for the new Xbox gaming console, Forza 5 is tipped to offer racing like no other video game before it, with controls and graphical presentation on a new level.

The demo seen here shows that, to no one's surprise, the McLaren P1 will have a star turn in the next-generation game. The video shows both the P1 and its F1 forefather in a race through narrow city streets, with both cars rendered in eye-popping detail. Actual game play footage will ultimately have to win us over, but it's safe to say that all signs point to a killer racing sim. Check out the video for yourself below.