Gwyneth Paltrow & Cameron Diaz form rap duo to poke fun at Chelsea Handler

Gwyneth Paltrow and Cameron Diaz have poked fun at their comedy pal Chelsea Handler in a new rap video.

To celebrate chat show host Handler's studio move, Paltrow and Diaz - as MC Gwyneth and DJ Jazzy Cameron Diaz - posted the short clip online, taking aim at their friend's love life and her reputation for drinking heavily.

In the cellphone video, Paltrow raps, while fellow 40 year old Diaz beatboxes.

The Shakespeare in Love star rhymes, "Yo, Chelsea, we heard that you got a brand new studio/ But we know that you got on TV by being a ho.

"You like black guys, white guys, whoever's around/ Your bedroom looks like it's a lost and found/ We kinda like you because you're blonde like us/ But we can't hang with you in public 'cos you drink too much!"