‘Fast X’ Budget Has Ballooned to $340 Million – Can It Still Turn a Profit for Universal? (Exclusive)

With ”Jurassic World“ finished and the increasingly pricey ”Fast & Furious“ ending soon, the studio will be relying on its slate diversity going forward

The budget for “Fast X,” the 10th film in Universal’s lucrative “Fast & Furious” action franchise, has ballooned to $340 million, according to individuals with knowledge of the production. That’s 70% more than the reported $200 million budget for 2021’s “F9: The Fast Saga,” and easily the most expensive entry in an action series that has generated $6.6 billion worldwide in ticket sales.

The surging price tag, which factors in tax-incentive offsets, can be blamed on numerous budget-busting elements: increased salaries for series star Vin Diesel and the rest of the franchise’s ensemble cast, general increases in production costs caused by global inflation and charges for pandemic testing requirements mandated by COVID-19 safety protocols.

Become a member to read more.

Jeremy Fuster

Box Office Reporter • jeremy.fuster@thewrap.com • Twitter: @jeremyfuster