Bugbear Entertainment revealed today that Flat-Out, a highly realistic racing title, is currently in development for the PC and Xbox. Boasting convincing physics and realistic damage modelling, Flat-Out is sure to be a hit among racing fans everywhere.

Flat-Out is the first racing title to feature a 3rd person mode in which the player can repair his car, check out competitor's vehicles in the pit area, and interact with other characters. The player can select from 16 different cars and race them in one of 45 diverse racecourses. In addition, a multiplayer mode will be featured that will be capable of connecting players through Xbox Live.

Watch for Flat-Out in the second half of 2003. For more information and a few screenshots, check out <a href = "http://www.bugbear.fi/flatout.htm">the offical site</a>.