Coen brothers' True Grit remake generates some serious awards buzz

The original 1969 movie won John Wayne his Oscar.

And now the film's remake, due out later this year, is sparking fresh excitement regarding the films awards worthiness.

The first trailer for True Grit was revealed yesterday and already movie pundits are discussing the likelihood of the film and its all-star cast receiving any of the coveted golden man statuettes.

Oscar worthy: Jeff Bridges and Matt Damon in the Coen's brother's remake of 1968 film True Grit

Western hero: The original film starred John Wayne who won a Best Actor Oscar for his role

In the new Coen brothers (No Country For Old Men and O, Brother Where Art Thou?) directed film, Oscar winner Jeff Bridges reprises John Wayne's role playing one-eyed Marshall Reuben 'Rooster' Cogburn.

Rooster is hired by a stubborn young girl to help track down her father's murderer, played by Josh Brolin, and avenge his death.

The girl insists on accompanying Cogburn, against his wishes, and the pair set out on a journey into the Indian nations.

The pair are joined by Texas Ranger LaBoeuf, played by Matt Damon, who has ulterior motives for hunting down the unsuspecting killer.

The role of the young girl, Mattie Ross, is played by 14-year old Hailee Steinfeld and this film is set to be her breakout role.

The film, which is released on Christmas Day in the U.S. is set to go up against The Social Network and The King's Speech in the Oscars race.

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Old drunk: Bridges plays Marshall Cogburn, an aggressive drunk who is hired by a young girl to track down her father's murderer

Texas Ranger: Matt Damon dons some serious facial hair as LaBoeuf

Bad man: Josh Brolin plays the sinister murderer Tom Clancy

Old cast: Kim Derby as Mattie Ross and John Wayne as Marshall Cogburn