Eugenio Derbez is looking for a sugar mama…

The 54-year-old Mexican actor, director and producer will star in the comedy How to Be a Latin Lover for Lionsgate’s Pantelion Films label.

Derbez will star opposite Rob Lowe, Kristen Bell, Raquel Welch and Rob Riggle in the film, which will be directed by Ken Marino.

The film centers on an aging Latin lover who gets dumped by his sugar mama and is forced to return to live with his estranged sister and her preteen son in their humble home. Sporting a wardrobe consisting mostly of Versace speedos, the man focuses on finding himself another sugar mama to support his expensive tastes.

Other actors who have also joined are Renee Taylor, Rob Huebel, Michaela Watkins and Linda Lavin.

Lowe plays a jaded, legendary gigolo who is a “Yoda-like” source of war stories.

Written by Chris Spain and Jon Zack, the comedy is said to be in the vein of Bad Teacher.

The film is a joint venture between Derbez’s 3Pas Studios, Pantelion Films, Lionsgate and Televisa Cine. The project not only marks Derbez’s first English-language starring role, but is also 3Pas Studio’s first film under its first-look deal with Pantelion.

The project is now before the cameras.