Fans of "Grand Theft Auto Five" are in for a huge treat, as Rockstar Games just doubled the bonuses for Heists. Not just that: A new Premium Vehicle Race has also been added. Here is everything about the update in a nutshell.

According to GameSpot, the players of the online mode of "Grand Theft Auto V" have until May 16 to take advantage of the new bonuses and in-game cash. It is worth noting that this offer is only applicable to five of the multi-part robberies. These include the likes of Pacific Standard Job and Fleeca Job. Other co-op missions such as Prison Break, Series A Funding and Humane Labs Raid are also included.

As for the new Premium Vehicle Race, it is called Beach Party. Players will have to use the so-called Blazer Aqua quad bike in order to be part of it. Just for participating alone, players will be given triple Reputation Points (RP), while the top three players will acquire massive in-game cash and rewards.

Rockstar is also bringing brand-new Time Trial in "Grand Theft Auto Online." It is called Raton Canyon, and it is where players will have to beat the par time. Doing so will allow them to obtain "sizeable" in-game currency and RP rewards. The studio is really making this week a little bit more interesting for the fans of the titular crime-themed game.

International Business Times notes that this week's update will also reward gamers with double in-game currency and RP. This basically refers to the ones they will earn from online Heists. As for those who are wondering about the status of the Biker Contract Missions, the discounts and bonuses are expected to end come May 15. Lastly, the studio is giving a 25 percent discount when purchasing select in-game vehicles.