Queen and Adam Lambert are confirmed to perform at the Oscars ... Will Rami Malek join them?

We're going to call it now ... this year could have the BEST Academy Awards ceremony of ALL TIME.

Following on from the announcement Lady Gaga and Bradley Cooper will be performing their duet 'Shallow' together at the Oscars, the Academy has just revealed the legendary Queen will also be taking to the stage!

Confirming the news via its Twitter account, the Academy wrote: "Is this the real life? Is this just fantasy? We welcome @QueenWillRock and @adamlambert to this year's #Oscars!"

The band will be composed of original members guitarist Brian May and drummer Roger Taylor and fronted by singer Adam Lambert.

But fans are also speculating if Bohemian Rhapsody star Rami Malek will join the legends on stage.

We're crossing our fingers he will make an appearance!

Bohemian Rhapsody is up for five Oscars in total, including Best Picture, Sound Editing, Sound Mixing, and Film Editing. Malek is nominated for Best Actor for his performance as the late Freddie Mercury.

READ MORE:
• The secret celebrity cameo we all missed in Bohemian Rhapsody ...
• Behind-the-scenes footage from 'Bohemian Rhapsody' captures Brian May performing an incredible guitar solo!

May believes the 37-year-old actor deserves to win the Oscar for his portrayal of the Queen frontman.

The legendary guitarist said: "He's incredible. He inhabited Freddie to the point where we even started to think of him as Freddie."

"Really remarkable."

The Academy have previously announced that 'I’ll Fight' from RBG, 'The Place Where Lost Things Go' from Mary Poppins Returns and 'When a Cowboy Trades His Spurs for Wings' from The Ballad of Buster Scruggs will also be sung at the ceremony.

Now we have more than enough reasons to tune into the highly anticipated Oscars ceremony!