‘Fast & Furious 5’ is a go in Brazil!

Those old parts Universal threw into the Fast & Furious machine churned out new cash and lots of it. Though you might expect the studio to be sitting back and counting their increasingly growing pile of loot, the gears are in motion to ride the franchise into another installment.

Universal confirmed today to E! News that a sequel to Fast & Furious is already in works. That could mean two studio execs shooting the breeze at the urinals or intense boardroom discussions. Either way there’s no doubt Universal wants to extend their winning streak while the going’s good.

The studio was forced into addressing the sequel after Paul Walker proclaimed during an interview this morning to MYfm’s Valentine that he and Vin Diesel are “without question” coming back for more.

Walker even went as far as to throw out a location, “This was supposed to be it (re: Fast & Furious) There wasn’t supposed to be the open-ended closing like there was. When I first read the screenplay, I was like, ‘Man, look what they’re doing.’ But without question, with the way things opened up, Vin and I will be coming back, we’re making a fifth one, and we’re going to Brazil, that’s it.”

With the studio’s bulging economy-defying checking account lets see those streets lined with Brazilian supermodels. There’s an extra $5 million at the box office alone.