2K has revealed the Mafia 3 is officially in development, and that its first trailer will premiere next week on Wednesday, August 5th 8am EST coinciding with a closed-door presentation at Gamescom. Although there aren't a lot of details about the new Mafia game's setting and story, we do know that it will include period accurate cars, music, and fashion. Also, of course, you'll be living up luxuriously violent life of organized crime.