After teaser videos have circulated for weeks, a full Anchorman 2: The Legend Returns trailer has finally been released, signalling the world is about to go crazy for the 'big deal' that is Ron Burgundy all over again. Planned for a late 2013 release, the film has been in the pipeline for quite some time - after first announcements in 2011 - making sure fan excitement reaches maximum levels of rabid hysteria before the film is finally released this Christmas.

Still classy in San Diego, the film will catch up with the legendary sleazeball and moustachioed news anchor, Ron Burgundy (Will Ferrell), and feature much of the same cast, including Steve Carell as Brick Tamland, Paul Rudd as Brian Fantana, David Koechner as Champ Kind and Christina Applegate as Veronica Corningstone. Only this movie sees the crew years on from where the first Anchorman left off, living life in the eighties and faced with the prospect of a rolling 24 hour news channel.

Now the team have more competition in the form of a handsome, well-dressed rival anchor to deal with and plenty more cringeworthy sticky situations for Burgundy.

The highlight of the trailer has to be when Steve Carell's socially awkward Brick meets his equal in a new character played by Kristen Wiig (Bridesmaids): "Your hair looks like wet popcorn", he charms whilst Wiig takes the courtship up a notch with "I like. the parts of your face. that are covered in skin." We think it's on!

Watch Anchorman 2: The Legend Returns Trailer:

The film will be produced by The 40 Year Old Virgin's Judd Apatow and will ride upon the success of 2004's Anchorman: The Legend of Ron Burgundy which has grossed $85 million (£55m). We've got quite a while to wait though - Anchorman 2: The Legend Returns will hits cinema screens from the 20th December in the UK.

More hijinks, a new decade of fashion disasters, and a host of fresh toe-curling chat-up lines: get those carefully coiffed bouffants ready for action. Anchorman 2 is coming.

Anchorman 2: Filming Wraps Up With Will Ferrell [L] And Christina Applegate [R].