‘Grand Theft Auto V’ Delayed, Will Be Released Sept. 17 [VIDEO]

Rockstar Games has announced a new release date for “Grand Theft Auto V.” The fifth installment of the popular franchise was supposed to be released in May, but it's being delayed to ensure a quality product, Rockstar says.

Take-Two Interactive and Rockstar Games announced the official release date of Sept. 17, 2013, for “Grand Theft Auto V” on Thursday.

“Grand Theft Auto V” will be released on Microsoft’s Xbox 360 and Sony’s Playstation 3. The latest installment in the “Grand Theft Auto” franchise will take place in the fictional city of Los Santos. On its website, Rockstar said, “We know this is about four months later than originally planned and we know that this short delay will come as a disappointment to many of you, but, trust us, it will be worth the extra time. GTAV is a massively ambitious and complex game and it simply needs a little more polish to be of the standard we and, more importantly, you require.”

The official synopsis of “Grand Theft Auto V” describes the scene as “a sprawling sun-soaked metropolis full of self-help gurus, starlets and fading celebrities, once the envy of the Western world, now struggling to stay afloat in an era of economic uncertainty and cheap reality TV. Amidst the turmoil, three very different criminals plot their own chances of survival and success: Franklin, a former street gangster, now looking for real opportunities and serious money; Michael, a professional ex-con whose retirement is a lot less rosy than he hoped it would be; and Trevor, a violent maniac driven by the chance of a cheap high and the next big score. Running out of options, the crew risks everything in a series of daring and dangerous heists that could set them up for life.”

Rockstar promises to reveal the official box art shortly. The “Grand Theft Auto” series helped revolutionize gaming with its “sandbox” approach to the action. Fans can follow the main storyline or spend countless hours on side quests or just roaming around the city. It was up to the player to determine the game’s experience and Rockstar promises an even more immersive world this time.

The “Grand Theft Auto V” trailer can be viewed below.