The movie is scheduled to start filming in June of this year for an official summer of '06 release. All of the three major players associated with this series, Ratner, Chan, and Tucker are all confirmed to be returning for this film. It was supposed to have started filming in January but got postponed due to some rumored injury suffered by Tucker. There were also some previous contractual obligations that needed to be cleared up with Jackie.
Personally, I can't wait until it's released. I loved the first two, they were both equally funny to me and I'm hoping this film will 🤘 and continue the strong legacy.
New Line has actually authorized two more releases and there considering filming part 3 and 4 back to back this time, maybe that's why the budget this time around is so huge as compared to the other two previous ones.