The shooter appears to be Haven's live-service title exclusive to PS5 and seemingly features PvEvP elements with three-player teams.
Previously, the company's live service roadmap listed 10 upcoming titles for the same period.
"The learnings from Bungie have been very substantial in many areas," says PlayStation Studios boss Hermen Hulst.
Players can now purchase engines and equip them in supported cars. The update also adds two new GT Café Extra Menus and Scapes.
Sony also provided valuable development support for the action RPG, producer Naoki Yoshida says.
It was recently reported that the PlayStation-partnered studio had been hit with layoffs amidst ongoing work on a new multiplayer IP.
It's focused on a mix of single-player and live-service titles but projects a 60 percent investment in live service for the PS5.
PlayStation Plus Premium has eight million subscribers, while Extra has 6.1 million. Both tiers make up 30 percent of the total base.
Insomniac's remaster generated $52 million in revenue, while Naughty Dog's remake earned $15.5 million since releasing on PC.
Compared to the first six weeks of PlayStation VR's launch, sales for the virtual reality device are up by eight percent.
Marvel's Spider-Man 2 will not feature co-op, and will instead focus on being an epic single-player adventure, according to the studio.
It's been claimed that contrary to recent rumours, Metal Gear Solid 3's remake will be announced for PS5, Xbox Series X/S, and PC.
According to Jim Ryan, it might still be a few years before we see God of War Ragnarok come to PC.
"We will continue to push forward so that those who purchase PS VR2 can enjoy it for a long time," Jim Ryan says.
Grassetti was at the studio for over 10 years, serving as principal artist on God of War (2018) and as art director on God of War Ragnarok.
Sucker Punch's open world action-adventure samurai epic has hit a major sales milestone in Japan, Sony has announced.
Sony Interactive Entertainment's president says fans will "be able to enjoy really beautiful visuals and a wonderful experience."
Journalist Jeff Grubb says neither Sucker Punch nor BioWare will be showing off their upcoming games at the upcoming showcase.
With Destiny 2 in its sixth year, Bungie might be looking to the franchise's future, as indicated by a recent survey sent out by the developer.
Insomniac's superhero sequel could spearhead the PS5's next phase, even without extensive gameplay or details since its announcement.