Update: We've added the domestic trailer below which includes some slightly different material than the Brit counterpart.

Our last post about "Cars 2" initiated a debate about the merits (or not) of Pixar's least loved film, but it's only the second one to get a sequel so there's that, for whatever it's worth (which is $2 billion/year in merchandising).

Anyhow, the first trailer has dropped and what can we say? We're not really that excited. After a trifecta of high-concept smashes -- "Ratatouille," "Wall-E" & "Up" -- and this year's very worthy sequel "Toy Story 3" which still kept things fresh, "Cars 2" feels like an outmoded model. Sure, the host of Brit voices is intriguing -- we can confidently say that Michael Caine is one of them -- but the whole concept of racing cars and international espionage leaves us a little cold. But hey, if anyone can make it work, it's Pixar so we'll wait and see.

The film will hit your local multiplex in 3D (of course) on June 24, 2011. Watch the trailer after the jump: