Last year, Codemasters snagged the Formula 1 license from Sony, but there hasn't been much news about the titles in development ... until today. Codemasters is prepping F1 2009 on the PSP and Wii, featuring official tracks (such as the Singapore night race, Valencia Marina Bay circuit and the new Abu Dhabi season finale), cars, teams and drivers (such as Fernando Alonso, Sebastian Vettel, and UK world champ Hamilton), KERS, slick tires and the new aerodynamic regulations. Both platforms will have multiplayer capabilities, with F1 2010 (powered by GRiD's EGO Engine) adding the usual XBL/PSN capabilities to the mix.

Runic Games, studio by formed by Flagship Studios developers responsible for Mythos, announced Torchlight, an adventure-themed action-MMORPG which emphasizes a simple and intuitive interface, fast and furious action, and a colorful and compelling game world.

You dive off a skyscraper, relying on quick reflexes to negotiate the intricate tangle of girders that make up the City. You perform aerial stunts at terminal velocity before parachuting into the arms of your cheering fans.

In East India Company, players will enjoy building the world's most powerful trading empire and engaging in fierce battles in both single-player and multiplayer modes, all within a breathtaking cinematic environment.

British Forces is the second of several planned expansions of the Combat Mission contemporary warfare setting, adding a number of new formations, units, weapons, equipment and vehicles, as well as brand new missions, maps and a campaign.

Dynasty Warriors: Strikeforce will forever change the way gamers experience the Dynasty Warriors universe. In the game, players will enlist in quests that will challenge their very sense of what it means to be a true warrior.

THQ's Kaos Studios, founded by veterans of the Battlefield 2 mod Desert Combat, has been on a recruiting spree lately as it ramps up development on a new, Unreal Engine 3-powered, multiplatform title. Kaos Studios' first title was the FPS game Frontlines: Fuel of War, originally developed for X360, PC, and PS3, but the latter version was eventually canceled. One of the new job openings requires "experience with creating content for XBL and/or PSN," indicating the new title might be coming to PS3 as well.

Ascaron is putting the finishing touches on the console version of its action/rpg Sacred 2, but it seems the lengthy development process and several delays may have cost the German developer a little bit too much as it has filed for bankruptcy protection on April 14, 2009. Ascaron is looking for interesting parties to acquire the studio, and to sweeten the pot it revealed that an add-on for Sacred 2 is already in development, scheduled for this summer, as well as a third installment in the franchise.

Starting April 19, Target will roll out a new reservation program that offers customers a chance to reserve top video game titles for $1, and when they come pick up their game they'll receive a $5 Target GiftCard to put toward a future purchase.

Forge of Freedom allows players to refight the American Civil War from either side in this grand strategy wargame. This v1.12.2 patch comes with a sizeable amount of fixes, rule changes, improvements, and new features and further polishes the gameplay.

Transformers: Revenge of the Fallen propels players straight into an adrenaline-pumping battle for supremacy across the globe where every second and every choice makes the difference between mankind's salvation and annihilation.

World Basketball Manager is a basketball strategy game. It uses the same game-play principles as most soccer management games do and covers all basketball action around the world with 89 national and international tournaments, 852 teams, 10.000 basketball players and 1.000 managers.

NaturalMotion announced that THQ has licensed its morpheme animation middleware for use on future projects, including an unannounced title by Kaos Studios. THQ recently also licensed NVIDIA PhysX technology, which is tightly integrated with morpheme’s character animation to produce dramatic results.

Duke Nukem Forever is the long-awaited follow-up to 1997's Duke Nukem 3D. While details are slim, longtime Duke voice actor Jon St. John returns, as well as music composed by Jeremy and Julian Soule. We're still waiting for an official announcement, but 3DRealms' George Broussard revealed that it has reached a new milestone this week, with 71 more tasks to complete from the original 800-900.

Scratch DJ Game has filed legal action against Activision and 7 Studios and its CEO Lewis Peterson, alleging that Activision has engaged in intentional interference with contract, breach of contract, conversion and misappropriation of trade secrets obtained from Genius to purchase 7 Studios, developer of Scratch: The Ultimate DJ.

Set in an future-fantasy world, Demigod is a team-based action/RPG/RTS hybrid game that casts you as a hero waging war to obtain a position within the pantheon of gods. Because GameStop seems to have broken the street date on DemiGod, Stardock decided to offer the game on Impulse ahead of its official launch.

Titan Online, based upon Korean best-selling novel Mo Siang, is a free-to-play fusion MMORPG with heroic martial arts and mysterious robots that takes place in a spectacular fantasy world.

Whether or not Bungie will make Halo games beyond ODST, Microsoft is looking to carry the franchise onto multiple platforms — but no other consoles. The Redwood software giant is looking for a software development engineer "to blend console, web, and mobile to create an immersive Halo world," and to "deliver a great out-of-game interactive experience that takes the next step beyond the systems found in Halo 3."

Video Games Live will return to Los Angeles, CA on Thursday, June 4th at 8:00pm, as it will be performing at the historic Greek Theatre as the closing ceremony of E3. A lot of new material has been incorporated into the 2009 show and partnered with the E3 convention, there will be a variety of very special guests from Japan and Europe in town for this performance.

Forged by Chaos is an online fantasy game with many RPG elements, using Crytek's CryEngine 2, based on the Chaos theme - worlds powered by steel and battle magic - featuring customizable characters, interactive environments, multi-player interaction, and enhanced game world dynamics.

Need for Speed World Online takes the race into the largest open world in the franchise's history. This Play 4 Free action racing game will give fans access to licensed cars, parts, multiple game modes, sophisticated online matchmaking features and fully customizable profile and rides.

More brash and aggressive than his Delta Force squadmate Nomad, you'll experience Psycho’s parallel story during the events of the original, finding that life on the other side of the island is even more intense and explosive than you could have imagined. Crysis Warhead's multiplayer component Crysis Wars, will be available to play from today until Friday, April 17, 2009.

Dragon Age: Origins represents BioWare’s return to its roots, delivering a fusion of elements from existing fantasy works with emotionally-driven narrative, heart-pounding combat, powerful magic abilities and credible digital actors.

EA announced that it's making an equity investment in Stupid Fun Club, Will Wright's new adventure. Stupid Fun Club is an entertainment think tank developing new intellectual properties to be deployed across multiple fronts including video games, movies, television, the Internet and toys.

Timmy's Tan Army Men action figures have run amok, capturing his Green Army Men, and attempting to take control of his little slice of suburbia! It's up to you to defeat the enemy, save your toys and family, and restore order to your home!