Codemasters has announced their latest title in to use the license, Online.

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Having already proven that they can produce a top-notch F1 experience with F1 2009 on the Wii, and and F1 2010 on the PC, and 360, are looking to expand the franchise into new spheres.

Formula One Online will be a browser-based F1 title bringing the trademark Formula One experience to new audiences through including all the in-depth car tuning options combined with an impressive and modern persistent experience.

Codemasters Online GM David Solari said: "Formula One is incredibly popular in many countries around the world, particularly in countries where online gaming is either already big or rapidly growing such as India, Brazil, Korea and China, the potential is clear. We have proven F1 is a major games brand and what we have planned will build upon that."

By Ewan Aiton