Ludacris speaks onstage during the 2014 Billboard Music Awards

Ludacris speaks onstage during the 2014 Billboard Music Awards at the MGM Grand Garden Arena on May 18, 2014 in Las Vegas, Nevada. 

Ethan Miller/Getty Images

It's official: Ludacris is headed back to the Billboard Music Awards as the 2015 co-host! And joining him this year will be supermodel (and John Legend's wife) Chrissy Teigen.

“If my extensive collection of all 53 Now That’s What I Call Music compilations is any indication, I am both qualified and honored to join Ludacris in hosting this amazing show that spotlights the best music and artists of the year,” said Teigen.

“I had so much fun hosting the Billboard Music Awards last year and I can’t wait to be back!” said Ludacris, whose Ludaversal album drops this week.

The 2015 Billboard Music Awards returns to ABC on Sunday, May 17 at 8pm ET. The 2015 BBMAs finalists will be announced on Tuesday, April 7, on Good Morning America. Ludacris and Fall Out Boy's Pete Wentz will stop by GMA that morning to join in on the fun.