Fast and Furious 5 : Fast Five Trailer

Universal Pictures has given the greenlight to a fifth installment in the Fast and Furious franchise. The title for this one is being called “Fast Five.”

According to Variety, the studio has closed deals with Vin Diesel, Paul Walker, director Justin Lin and producer Neal Moritz to return. Diesel and Walker didn’t feature in the third film returned for last year’s fourth installment, Lin has directed the two previous sequels, “The Fast and the Furious: Tokyo Drift” and “Fast and Furious”, while Moritz has produced every film in the series since 2001 “The Fast and the Furious”.

Fast and Furious 5 will follow Dom (Diesel) and Brian (Walker) as “fugitives being pursued by legendary lawmen.”

The previous chapter, Fast & Furious, was released in the first week of April in 2009 along side indie favorite Adventureland and it steam rolled the mainstream box office market ultimately returning $350 million worldwide for the film.

Fast and Furious: Fast Five expects to begin shooting before the end of the year in time for a 2011 release.