Ron Burgundy takes over The Project while in town for Anchorman: The Legend Continues premiere Newsreader extraordinaire, Ron Burgundy joins The Project to discuss his incredible career. Courtesy Channel Ten. Ron Burgundy in the hot seat on Channel 10's The Project. THE legendary Ron Burgundy hopped behind the desk on The Project last night and delivered the latest news to the delight of Australian viewers. Looking dapper in his trademark maroon suit, Will Ferrell arrived in character as the moustached news anchor and joined co-hosts Dave Hughes, Charlie Pickering, Gorgi Coghlan and veteran journalist Ray Martin for what was one of the funniest 10 minutes of 'real' news we've ever seen. Burgundy even launched into a hilarious stand-off with Martin when asked who would win a ratings battle between the pair. "If we were on competing stations I would invite him out to lunch, we'd have a few cocktails and then I'd find a moment to sneak out and cut the brakes in his car," Burgundy said. "I think that 60 per cent of the time, I would win the ratings every time," the former A Current Affair host shot back, displaying his own Anchorman know-how. Ferrell is in town with the entire cast, including Steve Carrell, Paul Rudd and David Koechner, to promote the long-awaited Anchorman 2: The Legend Continues. News.com.au sat down with the infamous San Diego Channel 4 news team and tackled the big issues, including why they arrived in Australia sans moustache for the premiere. We also introduced the Scotch lovers to our very own Bundaberg rum. They were wary, to say the least. The old news team is back together and news.com.au's Charlotte Willis chats with them about the highly anticipated Anchorman sequel, and even more importantly, Ron Burgundy's moustache. Hundreds of fans turned out for the premiere at Sydney's Entertainment Quarter on Sunday afternoon to see the stars on the red carpet. The Legend Continues comes almost a decade after Anchorman: The Legend of Ron Burgundy, and fans are already hyping it up to be even better than the 2004 original. Anchorman 2: The Legend Continues hits Aussie cinemas on December 19. Vision from the Sydney premiere of Anchorman 2: The Legend Continues with the whole cast and their special rendition of Afternoon Delight.