Criterion-developed Need for Speed set to launch "next year"

During today's Q2 EA conference call, EA Games label president Frank Gibeau confirmed the existence of a Need for Speed title developed by Burnout creator Criterion Games.

"In recent years, we failed to put adequate resources behind the franchise and, as a result, quality suffered," he admitted.

Giving the series a good tune-up, as it turns out, is as simple as 1, 2, Here's hoping that the new game's a lot like Burnout 3!

"Next year's Need for Speed has been under development now for some time at our award-winning Criterion Studio," Gibeau said.

Here's hoping it crashes and burns. In a good way.

Thanks, Joystiq.