GTA 5 might be a few years old now but the game is still very popular and Rockstar does not want those on the new console to miss out on it as well.
It was announced this week that the game will also be released on the new console and there is even some advantage to playing the game on the console. According to the developer, PS Plus members will get $1 million GTA$ every month when they play GTA Online until the game is released on the PS5 console.
On top of that, the standalone version of GTA Online for PS5 will be free for the new console owners for the first three months. Of course, you will need a PS Plus membership but if you are already one, then it will be free.
GTA 5 will also be released on the new Xbox Series X console in 2021.