'Zoolander 2' Will Star Penelope Cruz and Ben Stiller Zoolander Is Back, This Time With Penelope Cruz Penelope Cruz arrives at the 2014 Vanity Fair Oscar Party on March 2, 2014 in West Hollywood, California Adrian Sanchez-Gonzalez - AFP/Getty Images Because she's really, really ridiculously good looking It's been 13 years since Ben Stiller last flashed Blue Steel. But a Zoolander sequel directed by and starring Stiller is finally coming. Although there's no official word yet as to whether Will Ferrell or Owen Wilson will return for their respective roles as a sinister designer and air-headed supermodel, Stiller will definitely be joined by Penelope Cruz, according to Deadline. Stiller has not revealed what Cruz's role will be, but we can only assume she is playing a supermodel. The followup to the comedy has been in the works for years. The script for the sequel was penned by Justin Theroux with input from Stiller, who summed up the premise for Empire in 2011: It's ten years later and most of it is set in Europe. I don't want to give away too much, but it's basically Derek and Hansel ten years later. Though the last movie ended on a happy note, a lot of things have happened in the meantime. Their lives have changed and they're not really relevant anymore. It's a new world for them. Will Ferrell is written into the script and he's expressed interest in doing it. I think Mugatu is an integral part of the Zoolander story, so yes, he features in a big way. Big changes? Perhaps Derek lost his skills as an ambi-turner.