Real Racing 3 will be one of the first games to take advantage of the 4" Retina display and increased graphical capabilities, EA and developer Firemonkeys have announced.

Set for release on iOS later this year, Real Racing 3 for iPhone 5 will feature "console quality graphics", with effects including dynamic reflections, plus an all-new rearview mirror.

The game will also feature time-shifted multiplayer, a new feature that utilises Game Center iOS 6 challenges.

"Apple technology continues to evolve the mobile games experience, and we believe games like Real Racing 3 best highlight what consumers have to look forward to with these advancements," said Rob Murray, executive producer at the EA Firemonkeys studio. "The game's dynamic reflections, sharp track shadows and other beautifully detailed assets will take full advantage of iPhone 5's new visual capabilities and greater performance to deliver a mobile gaming experience that rivals many console games."

EA has said it will also release a number of "key titles" optimised for iPhone 5 this autumn.