The 12th installment is under development. Although it's a little early, I thought I'd give everyone the heads-up.
originally posted by Wikipedia
EA Games president Frank Gibeau has confirmed that the next Need for Speed installment is in development. He also stated that due to the fact that the sales of ProStreet didn't live up to EA's hopes for the game, the franchise will go back to it's roots with a number of features, including open-world racing and a new highway battle mode.