According to a report published by The Wrap, Fast X will not only be the most expensive Fast and Furious movie to date, but it will also be one of the most expensive movies ever.
The Wrap says their sources familiar with the production estimate the budget to be $340 million, which results from “numerous budget-busting elements: higher salaries for series star Vin Diesel and the rest of the cast along with new high-profile names like Jason Momoa and Brie Larson, general rises in production costs as a result of global inflation and the cost of pandemic testing required by COVID-19 safety protocols.
Besides that, there’s also the director situation surrounding Fast X. Justin Lin, a longtime director of the Fast franchise, departed Fast X in April, following a disagreement with Vin Diesel. Universal spent up to $1 million per day replacing Lin to keep the movie in limbo. As a result, Universal delayed Fast X by one month.
Fast X, with $340 million budget would be the fourth most expensive modern film ever made, only being outdone by Avengers: Endgame with its $356 million budget, Avengers: Age of Ultron with its $365 million budget, and Pirates of the Caribbean: On Stranger Tides with its $379 million budget.
It is likely that Fast X will still turn a profit despite being so expensive because Universal has consistently made a profit from the Fast and Furious franchise. In 2021, F9 earned over $725 million, breaking post-pandemic records. Due to the fact that Fast X is the beginning of the end for the saga, and the fact that the box office is recovering in general, the total for this film could rise even higher.
‘Fast X’ is scheduled to open in theaters on May 19, 2023, and a sequel is expected in February of 2024.