The official PlayStation Blog has posted a video feature showcasing their next planned add-on accessory for the PlayStation Move motion controller, the PlayStation Move Racing Wheel. Sony R&D tech Anton Mikhailov describes in-depth and demonstrates the new device in the clip, explaining how it will function for car racing games and flight games, as well as special twist-throttle functionality for motorcycle games.

Paired with the precise tracking of PS Move, the all new "Racing Wheel" is a completely functional unit that offers second to none mechanics to control all aspects of your favorite racing games. From the motorcycle twist throttle to the folding grip design, Anton shows us how this new peripheral transforms your PS Move motion controller into the ultimate racing experience.

The PlayStation Move Racing Wheel is due to launch in Spring 2012 (US Fall) and the blog promises that it will support the upcoming Little Big Planet Karting, as well as a bunch of existing PS3 games including Gran Turismo 5, Need for Speed: Hot Pursuit, Burnout Paradise, and MotorStorm Apocalypse as a US$39.99 price-point (no local pricing yet, but expect it to be higher).

Watch the video below.