F3: Fun and Frustration is an upcoming Indian Telugu-language romantic comedy film written and directed by Anil Ravipudi. Produced by Sri Venkateswara Creations, it is a standalone sequel to the 2019 film F2, and the second film in the Fun and Frustration series. The film stars Venkatesh, Varun Tej, Tamannaah, and Mehreen Pirzada, who reprise their roles from the previous film. It features music composed by Devi Sri Prasad. Dil Raju announced F2's sequel F3 following its success in February 2019. Principal photography of the film began in December 2020 and was completed in January 2022. The film was shot extensively in Hyderabad. The production and release of F3 were delayed multiple times by the COVID-19 pandemic. The film is now scheduled to release theatrically on 27 May 2022.