According to IGN.com, the announcement of the next Grand Theft Auto is predicted to be made at the Electronic Entertainment Expo which runs from June 7-9 2011. Rockstar has no significant presence at E3 this year, and there hasn't been much in regard to an E3 reveal until recently, so we'll just have to wait and see what happens. For more info, make sure to tune into Sony and Microsoft's press conferences which can be seen live on the E3 website.
The image on the right represents the predictions that IGN is putting forth for E3 regarding Sony related announcements (click the thumbnail for a larger image), the bottom two predictions are the ones we are most interested in, with"Grand Theft Auto V" being on their Xbox 360 predictions list also. Fingers crossed!
http://grandtheft5.ucoz.com/news/next_gta_to_be_announced_at_e3_ign_prediction/2011-06-02-25
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