It's official – The Fast and the Furious franchise will get another chapter. Speculation about a fifth installment had been rampant since Fast and Furious once again struck box office gold for NBC Universal last year. The rumors of a fourth sequel came to a head last month when Dominic Toretto himself made the announcement to his 7,385,034 Facebook fans that writer Chris Morgan had handed him scripts for a fifth and sixth movie in the series. Yet, there was no official word from the studio, until now.

Besides Vin Diesel (Toretto), Paul Walker (Brian O'Conner) and director Justin Lin will also return for what's now known simply as Fast Five. Apparently the gang isn't so furious anymore. The franchise should be in good hands, as this crew has ridden through at least two movies apiece and Chris Morgan was the author of the screenplays for the last two installments (The Fast and the Furious: Tokyo Drift and Fast and Furious). Those two chapters were arguably the best in the FNF filmography.

The official announcement didn't include word of the suggested sixth installment, but if Vin is to be believed, they might be filming episode five and six back-to-back with a staggered release schedule possibly taking the franchise to its ten-year anniversary in 2011.

[Source: Cinematical | Image: Charley Gallay/Getty]