It's been a week of ups and downs for fans of CBS's long-running hit reality competition 'The Amazing Race.' The down? On Sunday night, the show failed to win the Outstanding Reality Program Emmy for the first time in eight years. The up? Today CBS finally announced the new cast members for the upcoming 17th season.

We have to say that, as per usual with 'The Amazing Race,' the good far outweighs the bad.

Now that the teams are announced, we can begin the speculation. Who will suit up this year for a chance at one million dollars and memories of a lifetime? Will an all-female team finally take first place? Will the token old couple last past the first episode? Are we in store for any more shocking relationship meltdowns on the finish mat this year?