Project CARS release has been much speculated and much awaited as gamers have been looking forward to its supposed next generation and hyper-realistic graphics. After being delayed twice, Slightly Mad Studios and BANDAI NAMCO Games Europe S.A.S announced that Project CARS' release date is once again delayed to mid-May.

The game's release date had originally been set for November 2014 but was pushed back to March 2015 a month before its supposed release. Then, the game was once again postponed to April 2015. Now, Project CARS release date was delayed for the third time as developer Slightly Mad Studios and publisher BANDAI NAMCO announced an unspecified release date of "mid-May."

Ian Bell, head of Slightly Mad Studios, said that the delay was necessary in order to eliminate the remaining bugs and issues within the game as they hope to deliver racing fans' expectations from Project CARS as soon as its launched.

"Despite our long heritage and pedigree in making critically-acclaimed racing games, Project CARS is by far the grandest and most intricately detailed of them all. Despite therefore the game being 99.9% complete, the remaining 0.1% attending to small issues and bugs has been tricky to anticipate. We're absolutely dedicated to delivering a ground-breaking experience and by targeting mid-May fans can be assured that's what they'll receive," said Ian Bell.

Bell also promised free content as compensation for the prolonged delay in the release of the game and as a form of gratitude to the patience and support of the game's fans.

"Again, we want to thank our fans for their support and patience on this matter. There's a high expectancy from racing fans around the world that Project CARS  is going to be an exciting new contender in the simulation racing space and we firmly believe gamers deserve it to be in its most complete and polished state when they come to play it on day one.

Since the gaming community is our primary focus and has always been at the heart of the project during development, we would like to offer some free content to all players as compensation for this short delay and as acknowledgement of how grateful we are. This gift, that we're sure is going to excite fans, will be available from day one and revealed shortly. Keep an eye on our website for more info."

Recently, it was revealed that Project CARS' first free DLC  is the Lykan Hypersport car which was featured in the movie Fast & Furious 7. Four new tracks were also revealed including Spa Francochamps, Sonoma Raceway, and Brno in the Czech Republic. Pre-ordering the game also grants players with five exclusive cars namely, the McLaren F1 road car, Sauber C9 Le Mans prototype, BMW M1 ProCar, Mercedes-AMG C-Class Coupe DTM car and 1967 Ford Mk IV endurance racing car.

The mid-May release date is for PC, PS4, and Xbox One platforms. Project CARS will also be available for Wii U soon but is currently still in development.