Megan Fox, Josh Duhamel Hunt Down Billy Crystal in New Oscars Trailer (VIDEO)

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January’s here and that could only mean one thing — the start of awards season!

The folks behind the Academy Awards recently released an official trailer for film’s biggest night. Starring Megan Fox and Josh Duhamel, the epic teaser has the two Transformers co-stars searching the world for this year’s Oscars host.

In November, Billy Crystal stepped up to take on hosting duties after Eddie Murphy resigned from the position. This will be Crystal’s eighth time hosting the ceremony.

Do you think he will be a good host? Let us know in the comments!

Meanwhile, be sure to check out Megan, Josh, and Billy in the Oscars trailer above! Don’t forget to tune into the actual event on February 26 on ABC.