Codemasters has announced it will release F1 2014 on Xbox 360, PlayStation 3 and PC on October 17.
Posting on the official Codies Blog, community manager Luke Spring said the title will be "drawing upon all our experience in developing Formula 1 titles down the years".
"F1 2014 recreates this year's incredible season featuring all the seismic changes to the sport," he added, "including new turbocharged cars, new circuits plus all the driver moves.
"The game also includes refined handling on a pad and a new driver evaluation system that tunes game settings to your skill level to increase accessibility - we want all of our players to race competitively, more quickly," he said.
"Of course, all the veterans of the series will be able to experience the true challenge of racing this year's stunning generation of cars, featuring more explosive power delivery but less downforce, by customising your options and turning off all the assists."
According to the post, the game's scenario mode has been updated and the career mode has also been refined.
Stephen Hood, creative director on the F1 title added: "There's been a dramatic shift in the sport; the largest shake up in the rules and regulations for a very long time and the new power units provide a very different kind of challenge, for both driver and team.
"By delivering all of these changes, F1 2014 will make for an exciting and refreshingly different experience. Additionally, with the new driver evaluation system analysing each player's skill level and suggesting appropriate game settings, plus re-graded difficulty levels including a brand new Very Easy setting, we aim to deliver a thoroughly rewarding F1 experience for players of all abilities, from the novice to the seasoned pro."
Codemasters also addressed its plans for F1 on PS4 and Xbox One, confirming a next-gen version is in production and will launch "earlier in the Formula One season and then go onto receive live digital update".
"These updates will deliver 2015 content into the game as the season unfolds, ensuring you'll be competing against the same drivers and teams you watch week in and week out!"
Although it didn't provide any further details, it promised to share more information once F1 2014 launches in October.