Upcoming Fast And Furious Movie Is Already Breaking Records

Fast X has reached the highest budget in the franchise, with the movie already at $340 million.

By Britta DeVore | Published

Even though we’re still half a year away from the May 19, 2023, release date for Fast X, Universal has high hopes that the film’s fate will score giant box office numbers as they’ve approved a budget stretch that will pour a whopping $340 million into the film. According to The Wrap, the studio has upped the spending power on the latest installment in the Fast & Furious franchise, adding $40 million to its initial $300 million cap. With a star-studded call sheet, boasting new names like Jason Momoa, Brie Larson, and Rita Moreno, and the marking of the franchise’s comeback after two years away, it’s obvious that Universal is fully believing in the audience’s need for speed and the next story in the fast-paced world of the Fast crew.

To be fair, it seems like a small price to pay knowing that the engine revving feature is bound to be a smash hit for ticket sales. In the series’ long-running time as one of the biggest action juggernauts to grace the silver screen, the franchise has raked in $6.6 billion in global box office sales. It’s clear that Universal is expecting to further up the ante with Fast X

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So, what’s going into the budget for Fast X and making the movie $140 million more expensive to make than the last feature, F9: The Fast Saga? Well, when you have a huge family – er – cast, packed with some of the biggest names in Hollywood, you also have some ginormous checks to write out. Folks including Vin Diesel have asked for pay raises and with a stacked supporting cast, we’re sure production is shelling out more than a pretty penny to keep everyone on board satisfied. 

There’s also the added fact that all projects in the film industry are facing higher costs due to new safety regulations stemming from the COVID-19 pandemic. From routine testing to the increased prices of goods (something we’re all feeling in our wallets), the stages and sets of Hollywood are not without their COVID-based inflation troubles. Despite the roadblocks, things have been moving forward pretty smoothly for the production of Fast X.

The Justin Lin and Dan Mazeau penned feature fell into the directorial hands of Louis Leterrier after long-time series director Lin, who stood behind The Fast and the Furious: Tokyo Drift, Fast & Furious, Fast & Furious 6, and F9, stepped down from his position at the very beginning of filming. Not much is known surrounding the plot of Fast X, but we do know that it’s been billed as the final story in the franchise – or at least from parts of the current running plot. The family will be back stronger than ever and facing off against a new foe – that of Jason Momoa’s character, Dante.

We also know that the incredible Rita Moreno, who’s gearing up for another star-studded comedy in 80 for Brady, will be featured as Abuela Toretto – Dom, Jakob, and Mia’s grandmother. And then there’s Brie Larson, Daniela Melchior, and Alan Ritchson who have joined the cast in yet-to-be-announced roles. Meanwhile, the familiar faces of not only Diesel, but long-running franchise favorites including Jason Statham, Michelle Rodriguez, Tyrese Gibson, Charlize Theron, and Cardi B will be seen in Fast X.