Penelope Cruz sizzles in a skintight red jumpsuit for 'Zoolander 2'

Penelope Cruz Is Red Hot on Set of 'Zoolander 2'

It's safe to say Penelope Cruz is looking hotter than ever.

The 40-year-old mother-of-two was snapped on the Rome set of Zoolander 2on Saturday, looking amazing in a zipped-up red leather jumpsuit and spiky red Christian Louboutin booties. The Spanish bombshell shot scenes with both Ben Stiller and Owen Wilson, hopping on a motorcycle at one point.

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No word yet on what glamorous role Penelope will be playing, but the Oscar-winning actress joins a long list of reported cameos in the highly anticipated sequel, including Kristen Wiig, Olivia Munn, Kim Kardashian and even Kanye West.

"I think the idea in the beginning of the movie is that it's 10 years later, and Derek and Hansel are literally forgotten," Stiller told MTV about Zoolander 2's plot. "Nobody remembers who they are, so they have to reinvent themselves. ... In the fashion world, if you go away for a year, it's changed -- it just happens so quickly."

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Penelope Cruz sizzles in a skintight red jumpsuit for 'Zoolander 2'
Penelope Cruz is seen on the set of 'Zoolander 2' on April 26, 2015 in Rome, Italy . (Photo by Agostino Fabio/GC Images)
Penelope Cruz is seen on the set of 'Zoolander 2' on April 26, 2015 in Rome, Italy . (Photo by Agostino Fabio/GC Images)
ROME, ITALY - APRIL 26: Penelope Cruz is sighted on set filming zoolander 2 on April 26, 2015 in Rome, Italy. (Photo by Agostino Fabio/GC Images)
MADRID, SPAIN - JULY 15: Penelope Cruz is seen on the set filming of 'Ma Ma' in the last day of filming on July 15, 2014 in Madrid, Spain. (Photo by Europa Press/Europa Press via Getty Images)
Spanish actress Penelope Cruz poses during the presentation of the film 'Ma Ma' directed by Julio Medem on July 8, 2014 on the Spanish Canary island of Tenerife. AFP PHOTO / DESIREE MARTIN (Photo credit should read DESIREE MARTIN/AFP/Getty Images)
Penelope Cruz arrives at the 2014 Vanity Fair Oscar Party on March 2, 2014 in West Hollywood, California. AFP PHOTO/ADRIAN SANCHEZ-GONZALEZ (Photo credit should read ADRIAN SANCHEZ-GONZALEZ/AFP/Getty Images)
HOLLYWOOD, CA - MARCH 02: Penelope Cruz attends the Oscars held at Hollywood & Highland Center on March 2, 2014 in Hollywood, California. (Photo by Frazer Harrison/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 03: Penelope Cruz attends a special screening of 'The Counselor' at Odeon West End on October 3, 2013 in London, England. (Photo by Stuart C. Wilson/Getty Images)

Zoolander 2 is set to hit theaters on Feb. 12, 2016.

VIDEO: Kristen Wiig Looks Completely Unrecognizable on 'Zoolander 2' Set

Last month, Stiller, 49, and Wilson, 46, hilariously walked Valentino's Fall 2015 Fashion Show during Paris Fashion Week totally in character as Derek and Hansel. Watch below!

Zoolander Returns! Ben Stiller & Owen Wilson Walk the Valentino Runway as D
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