Forza 3 box art.Today, Microsoft announced that Forza’s latest installation, the cleverly named Forza 3 will hit US stores on October 27th. Microsoft has also laid out details for the collector’s edition, which will only be available at Gamestop.

Driving enthusiasts who purchase the Limited Collector’s Edition version of Forza 3 will be treated to ten exclusive cars, VIP status in the Forza community, a 2GB flash drive (?) and a Forza 3 branded keychain. Five of the ten “exclusive” cars are available to any VIP Forza member. The others are just for you special folks willing to drop some extra cash on the game.

If you pre-order the game you’ll also be treated to the Forza 3 design competition contest winner’s Audi R8 V10. The car was designed by Midland, Michigan fellow.

Will you be pre-ordering? Regular or Limited Collector’s Edition?