The iPhone 5 first game is non other than Real Racing 3.   The game was originally announced for the iPad last month by EA Sports, but it looks like the game will be optimized for proper gaming on the iPhone 5.

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Take a good look at the screen above, because it’s from today’s live demo of Real Racing 3at Apple’s press conference event for the iPhone 5. The EA Firemonkeys game, announced last month for iPad, will be optimized for the upcoming Apple device later this year.

EA’s press release also mentions “time-shifted” asynchronous multiplayer for the game, which uses Game Center iOS 6 challenges. Regardless, hot racing action on a four-inch retina display sounds just fine to us. Now about those controls …

[joystiq]