"Daddy's Home" will mark the second time that Wahlberg and Ferrell have worked together and comes after they teamed up for "The Other Guys" back in 2010, reported Rolling Stone.
The movie will see Wahlberg and Ferrell take on the roles of father and step-father as they compete for the affection of the kids.
The brand new trailer shows the two go head to head as they try to out-do one another.
"Daddy's Home" follows a mild-mannered radio executive (Ferrell) who strives to become the best stepdad to his wife's two children, but complications ensue when their freewheeling and freeloading real father (Wahlberg) arrives, forcing him to compete for the affection of the kids.
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