Considering the utter success of Forza Motorsport 3 it would’t be a smart move for the developers not to make Forza Motorsport 4. Well, rumors have reportedly surfaced that say both Turn 10 Studios and Microsoft have begun development of the game.

News come to us from Binge Gamer who recieved an email for an industry insider that says Microsoft has begun hiring for the newest installment to the Forza Motorsport series.

Considering this is just a rumor, putting any sort of release date on it would be impossible at this point.

Just a quick update here — It was recently made known that the single player demo for Forza Motorsport 3 has been released for Xbox Live and clocks in at a modest 1.25GB. There haven’t been very many details regarding the content featured in said demo but if you want to find out just head over to the Xbox Live Marketplace, click on New Arrivals and snag the download beucase it is free, after all.

The actual game, however, will be out exclusively for the Xbox 360 on October 27th.

Before we get started, if you missed the trailer that was showcased during Turn 10 Studios’ Forza 3 keynote, be sure to check it out above.

Now, the trailer is amazing itself with all of the cars perfectly choreographed but the real catch is that it was made entirely with Forza Motorsport 3‘s in-game video editor. That’s right, if you had the patience you too would be able to make the above trailer using only in-game footage and software.

But just how much patience would you need? Well, when Kotaku asked the game studio how long it took them to make the trailer they responded with, “About a month.”

To celebrate their recent unveiling of Forza Motorsport 3 (which was done at this year’s E3), Turn 10 Studios has announced that they will be giving players the chance to get their virtual hands on the above Audi RS4 free of charge. Turn 10 says that the RS4 features “all-new Forza 3 flavor and style along with elements from [their] epic E3 announcement”.

In order to be eligible for the car you’re going to need to head over to Turn 10′s official blog and leave a comment after linking your Xbox Live gamertag to your Windows Live ID. Don’t know how to do that? More information here.