Take a look at Mirror's Edge's upcoming demoA recent press event in Japan has revealed what appears to be a list of online featuares to be included in the highly anticipated Gran Turismo 5 for the PlayStation 3.
The list of features is as followed:
Online Garage
A place to store your vehicles for others to see.
Voice Chat
Online talking
Head to Head Racing
Simple 1 vs 1 racing
Bulletin Board
For news postings and announcements.
Time Trial
Try your luck against time.
Spectator Mode
Not ready to hit the pavement? Well watch on to scout your foe(s)
Track Day
Who knows what this might be.
Team Builder
Online clans perhaps? The ability to assemble a group of racers and manage with them?
B-Spec Race
Again, who knows what this could be.
Club Builder
Possible similarities with Team Builder, perhaps?
License Test
Gain your license through various test.
Coloring / Livery Editor
Pimp Your Ride
Drift Contest
Name says it all, who good are your drifting skills?
Number Plate Editor
Simple, customize your tags.
Tunning / Setting Features
Pretty much self-explanatory.
Race Builder Tool
Create your own tracks and race modes?
Friend List
Keep your buddies in line.
Photo Album
PC Support has been able to save 46.
Lobby
Self-explanatory

That is one large list...
So as you can see, the list is pretty huge and in depth (pending official confirmation), with GT5 turning out to be one of the better racing games of 2008 – with a little competition in the form of Midnight Club: Los Angeles, naturally.
Gran Turismo 5 is a PlayStation 3 exclusive racing sim that is backed by the success of its four mammoth predecessors. GT5 will feature over 700 cars including for the first time ever, Ferrari vehicles. Also for the first time ever will be a complete online mode as well as real-time In-Car view to immerse gamers into the racing experience. Set to release in 2008, Gran Turismo 5 is a must own for any PS3 racing enthusiast.
Please continue to visit PSU, as we will bring you more on Gran Turismo 5 in the near future.
Source: onAXIS

I saw a picture of that slide ages ago :
In regards to "who know what b-spec mode could be!" How about anybody who played GT4? :P
PSU fails ^^
Wow the only racing game I ever owned was Cruisin USA for Nintendo 64 and NFS Underground.. BUT this game looks great, even for non "racing enthusiasts"... 700 cars? fu.ckn incredible, i just might have to pick this one up..
PSN ID: GingoIsTrulyTheLord!
Pretty good online features should be good.
Between this and very differant Motorstorm, Sony has complete supremacy of the racing genre.
Hmmm..? Sounds pretty good xD
Wasnt this picture awhile back ago?
This is cool because ps home will be the hub for avatars and everything and then when you go into the games online services it should allow us to go directly into the online community to games which will be nice.
This is going to be awesome. I can't wait to see what the cars will look like.
always liked ridge racer better
this is gonna be a dope game. online and offline.
B-spec mode is when you are the race manager for your driver, instead of driving the car yourself. I can't wait for GT5 man...!
psn id: gingo.... i'm not much of a racing enthusiast but this game is going to be awesome and especially since top gear is going to be downloadable on it it is a must buy for me
some of them are just stupid for online features like number plate making, why is that online?
great game
this game is going to rule so much, i have played every granturismo and this one loooks to be the best by far, and best complete racing game ever
Any1 knows if there's going to be Lambo Gallardo in this game? or any Lambo? cuz I adore these cars and I would rly like to get my hands on the wheel of an Gallardo - would be awesome!
/
| dont think so =[ hopefully they get the copy right to and put it for download =]
SERIOUSLYCRNT W8 FOR THIS NOW
Wow...thats a pretty awesome list....GT fans gonna have field day....GT noobs beware cause veteran GT players are the real deal. To all my GT veterans from GT 1 and up...Whaazzzuppp!!!!
Yup, it's gonna be fun racing against the new kids who haven't learned how to drive.
it will be a for sure own if you have a ps3, its will be a nice lil showcase game of what the ps3 can do.
this is going to leave Forza 2 screaming for mercy lol guess im gonna have to play forza 2 as much as possible cause when GT5 comes out its just gonna collect dust
That is a really big list, some that stand out is the team builder (clan?), race bulder tool, and photo album (seriously who doesn't want to save a a nice shot off your baby?) lol.
this game is going to kill. GT5 all day
its damn near impossible to hate against this game. if you do then you are one ignorant gamer and don't deserve to play high quality games.
Team builder for the win!
Can't wait to assemble a racing team of elite drivers =)
this game is going to be absolutely insane. i cant wait any longer. give it to me now. por favor.
you know what would be cool? if, in your personal apartment in home, you could have a garage. and you could pick a car from any racing game you own and put it in there :D like if you bought a ferrari in GT5, you could put that in there. or if you have a completely tricked out 350Z from NFS, you could put that in there. that would be amazing :P
well i think im sold
I cant get excited about this game. I loved the first three but didnt think the 4th was that great and the 5th just doesnt grab me. Maybe Ill change my mind but right now Id go for the latest Burnout before GT5.
700 CARS!!!!!!!!I could be up all night to master just one.
B- spec is when the computer drives the car and you only give the spectification of the velocity .you can go to do another thinks and the car will still running itself