Speed Racer Flops at Box Office

Speed Racer Movie PosterVindication is wonderful. Speed Racer, the awful-looking action-racing film from the Wachowski brothers, is the first flop of the summer season as it took in only $6.1 million according to Friday box office estimates. According to Box Office Prophets, the movie will take in approximately $20-$21 million over the weekend. No matter how you cut it, a movie that costs between $100-$120 million is expected to open to more than $20 million in its opening weekend, and I would expect a huge 60% drop next weekend. After all, with Chronicles of Narnia and Indiana Jones coming over the next 13 days, Speed Racer will have no place to breath.

This made my weekend.

Beyond Speed Racer, Iron Man will once again win the weekend with just under $40 million, though I’m surprised the hit action film didn’t do better in its second weekend. As good as it is, I was expecting some people to return to theaters this weekend – or for holdouts to be lured in by quality reviews – but $40 million, following a $100 million opening weekend, implies that isn’t the case. Still, no one’s complaining.

What Happens in Vegas earned $7.1 million on Friday, good for a $20 million opening. That’s pretty good for the Ashton Kutcher/Cameron Diaz comedy.

By Erik Samdahl
Related categories: Box Office
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