The new two-minute clip follows a teaser released earlier this year and offers the best look yet at the incredible detail on offer in the latest Forza installment.
Turn 10 says Forza 5 has been "built from the ground up" to take advantage of the new XBOX One's next-generation technology, and to tighten integration with online services.
Look forward to 1080p video and a meaty 60 frames per second, making the most of the new-generation console's power.
Turn 10's Forza Motorsport 5 will go up against Polyphony Digital's Gran Turismo 6 on the shopping lists of gamers everywhere this Christmas, along with the new Need For Speed: Rivals from Electronic Arts.
Forza Motorsport 5 is due to hit the XBOX One on November 22. Catch the trailer video above.