Paramount Pictures will release Steven Spielberg's Indiana Jones 4 on May 22, 2008.
The Harrison Ford starrer (which resurrects the franchise after a nearly 20-year hiatus) will go up against Warner Bros. Speed Racer, which will be released a day after Indiana Jones 4, according to Variety.
Both films are relying on the long Memorial Day holiday weekend to generate higher box office numbers.
David Koepp (Spider-Man) wrote the script for the fourth installment of the Indiana Jones franchise, which re-teams George Lucas, Spielberg and Ford. The film is set to begin shooting by June.