Sega is to release a Crazy Taxi: City Rush, a new entry in the Crazy Taxi series created just for mobile devices, later this year.

Developed in collaboration with franchise custodian Kenki Kanno and Sonic Dash creator Hardlight Studio, this iOS version of the arcade classic will be all about short, sharp bursts of reckless driving and virtual capitalism.

As with the original Crazy Taxi, you'll be picking up fares and ferrying them to their destination as quicky as possible. The faster you complete each journey, the more time you'll have to attempt new runs.

Instead of providing traditional driving controls, Crazy Taxi: City Rush lets you switch between three lanes of traffic with a swipe of your finger. 

As you might have guessed, this will be a free-to-play affair, featuring a fuel-based energy system. You'll have new drivers to unlock, and upgrades to earn - or buy - and bolt onto your cab.

However, if you hook up with Facebook friends, you'll be able to engage in Friend Map missions which don't drain precious gas from your tank.

Crazy Taxi: City Rush will race onto iOS later this year. In the meantime, check out the teaser trailer above.