Microsoft Game Studios have announced some new features that will be included in “Forza Motorsport 2” when the game hits stores in May.

The first of which is a feature the team at Turn 10 has dubbed the Xbox Live Auction House. Although “Forza Motorsport 2” can be a highly competitive affair over Xbox Live, the developers at Turn 10 wanted to further stoke the passion of the racing community by giving them an in-game marketplace to show off their custom creations. Just head over to Forza Motorsport 2’s Online Auction House, where – on a global scale – players will be able to buy and sell (using in-game credits) and trade one-of-a-kind vehicles with other Forza fanatics. The Online Auction House will encourage fans to share their unique whips, or complete their car collection from our roster of over 300 must-have rides. With near limitless customization options, “Forza Motorsport 2” is sure to inspire the creativity of car tuners and painters alike. For more details on the Xbox Live Auction House, be sure to check out this week’s Pitpass Report on Forzamotorsport.net.

Also, as promised, two of the highly anticipated and extensive “Forza Motorsport 2” cars lists have been revealed. Last week, it was revealed that models from top manufacturers Lamborghini, Porsche, Ferrari and Maserati. This week, the list includes a number of European carmakers: Aston Martin, Jaguar, Bentley, Lotus, TVR, Saab, Volvo, McLaren, and more.

For the full list, cruise on over to Forzamotorsport.net.