The Spanish duo has boarded the cast of comedy "Official Competition", led by Argentinian directors Mariano Cohn and Gaston Duprat, after Banderas picked up a Best Actor nod at the 2020 Oscars for his role in Pedro Almodovar's drama "Pain and Glory".
Cruz, who won an Academy Award herself in 2008 for "Vicky Cristina Barcelona", will depict renowned filmmaker Lola Cuevas as she partners with Antonio's Hollywood heartthrob character Felix Rivero to produce a movie for an impulsive billionaire.
"Official Competition (Competencia Oficial) is one of the sharpest, most brilliantly observed comedies we have read and we cannot wait to see Mariano and Gaston bring it to life," Dave Bishop, CEO of Protagonist Pictures, the company behind the project, tells Deadline. "Superstars Penelope Cruz and Antonio Banderas reunite alongside the exceptional Oscar Martinez, setting the stage for a truly special cinematic moment."
"Official Competition" will begin filming in the stars' native Spain at the end of February.