Today, EA announced the next generation of Need for Speed with Need for Speed Rivals, an action/racing game created by an inspired new development team, Ghost Games, in association with Criterion Games, and built on the powerful Frostbite 3 engine.

“Need for Speed Rivals captures the adrenaline and intensity of the street’s ultimate rivalry between cops and racers in a stunning open road environment,” reads the release. It will be available on the Xbox 360, PlayStation 3 and PC by November 19, 2013, and will also be available on the Xbox One and PlayStation 4 later this year.

Check out the first teaser:

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Players will be able to play as either cop or racer where each side will have their own set of high stakes challenges, rewards, and consequences. Your goal is to become infamous for taking risks and capturing your most intense escapes on video for everyone to see.

You’ll earn “Speed Points” by avoiding cops which can be spent towards unlocking new cars and items and will be able to build up infamy by becoming a more valuable target to the cops, but will risk losing it all if busted.

Working with others as a team of cops in pursuit of racers, you’ll be able to earn prominence and rise up in the ranks of the Police Force with every bust. A higher ranks means new police-only cars and more powerful pursuit tech.

Need for Speed Rivals also marks a first for the series: Ghost Games announced that the Ferarri will be making its long-awaited return for the first time in seven years. That includes the F12berlinetta.

A brand new online feature called AllDrive will allow gamers to seamlessly transition from playing alone to with friends. The team hopes to eliminate the line between single player and multiplayer with this tech, creating a world that friends can enter on the fly and where no two events will ever be the same.

Some of the game’s key features include:

• Next-Gen Racing – Redview County is brought to life with stunning, next-generation detail and weather effects that force drivers to master the elements, as well as the competition.
• Need for Speed Network Powered by Autolog – Gamers can compare stats and challenge their friends anytime, anywhere and then easily share their accomplishments with both friends and rivals.
• Personalization – Drivers customize their ride with fresh paintjobs, custom license plates, liveries, decals, rims, and performance upgrades.
• Pursuit and Evasion Tech – Street racing explodes with 11 upgradeable gadgets including turbo boosts, jammers and EMPs for racers, and shockwaves, roadblocks and helicopters for cops.

Gamers can pre-order Need for Speed Rivals now at participating retailers for the Need for Speed Rivals Ultimate Cop Pack at no additional cost. It offers “powerful collection of items including the Nissan GT-R Black Edition cop car, advanced pursuit technology, and a custom livery.”