Fast & Furious 7 makes $1 BILLION in just 17 days and breaks another record

Fast and Furious 7 has officially become the fastest film to make $1 billion at the box office.

The racing sequel - which is the last film in the series to star late actor Paul Walker - has enjoyed a meteoric rise to the top and has now made the massive figure in just 17 days.

Furious 7 becomes the 20th movie to reach the billion dollar mark and it could be well on its way to topping the list. Though with Avatar currently ruling with $2,787,965,087, it's got a bit of a way to go.

With Fast and Furious 7 currently taking a staggering amount of money at the box office, speculation is mounting as to whether the franchise can churn out an eighth installment.

The success of the current film can be partly ascribed to the fact that it serves as a memorial for the late Paul Walker but it seems likely that there'll be an appetite for an eighth without the tragic lead actor.

Celebrity fan Ludacris mocked up a Furious 8 logo and posted it to his facebook page with the caption "Yes or no?"

The 7th installment has surpassed all expectations to be the highest grossing film of 2015 so far.

But after the tear-jerking closure of the seventh film, where the cast bid a moving farewell to Paul Walker, who died in 2013, using CGI and old clips- is there anywhere else for the film to go?

Although it seems like a logical place to call the 14-year-old series a day, studio executives will likely find milking the cash cow another time irresistible.