EU, as in Europe. No news for us yet on a Gran Turismo 5 demo.
The European PlayStation Blog confirms that a demo of the long awaited PS3 version of Polyphony Digital's only claim to fame is coming December 17th. They're calling it the GT Academy 2010 Time Trial, where all of Europe will race down to the top twenty from each country, all using the above pictured car, a Nissan 370Z. A posting of top times is required by January 24th. Then, the top twenty nationally will go on to the GT Academy. Win it all and become a real frickin' race driver, thanks to Nissan and Sony.
I'd bet they give us the demo too. Not the cool contest, though.