Source: Deadline New York
UPDATE: Rosie Huntington-Whiteley will take over for Megan Fox. It's all up to the negotiations now.
Michael Bay reportedly favors newcomer Rosie Huntington-Whiteley for the love interest role left vacant by Megan Fox in Transformers 3. Sarah Wright (Surfer, Dude and The House Bunny) and Brooklyn Decker (Just Go With It) are also in contention. Bay has a week to make his decision.
Transformers 3 is set for a July 3, 2011 release, and the film is bound to be a huge success regardless of Bay's casting decision.