James Woods, 66, replaces his 26-year-old girlfriend with drug bust arrestee Kristen Baugness... and she's only 20!

Actor James Woods is dating a woman nearly 50 years younger who was recently arrested for felony drug possession.

Woods, 66, walked the red carpet at the premiere of his latest movie White House Down with Kristen Bauguess on Tuesday night just weeks after her brush with the law.

According to Radar Online, Kristen, 20, was arrested in Chatham County, Georgia on June 8 on suspicion of two felonies and three misdemeanors according to court records.

Young love: James Wood, 66, is dating 20-year-old bad girl

Young love: James Wood, 66, is dating 20-year-old bad girl Kristen Baugness and showed her off at the premiere of White House Down in New York on Tuesday night

Trouble with the law: The youngster has quite the rap sheet

Trouble with the law: The youngster has quite the rap sheet

The charges were possession of marijuana and possession of a controlled substance, both a felony.

She's also been arrested for speeding, failure to register an automobile and switching licence tags to mislead.

The pair have also shared embarrassing Tweet exchanges, including: 'love you the mostest!!! :) from here and the slightly more accurate, 'Love you more.'

He recently split from 26-year-old Ashley Madison after a seven year relationship.  

The Oscar-nominated actor, who began dating Ashley when she was just 19, confirmed the split to the National Enquirer.

'We've gone our separate ways but I will always love her,' he said.

Split: James Woods, 66, and Ashley Bensonm 26, pictured back in 2011, have broken up after a six year relationship

Split: Woods, 66, and Ashley Madison 26, pictured back in 2011, have broken up after a six year relationship

A representative for the actor told Mail Online at the time that the couple 'haven't been together for quite some time and are still friends.'

The daughter of one of the actor's best friends, Ashley was criticised by the press for 'wearing a miniskirt and chain smoking during his brother Michael's funeral service in 2006,' according to The Enquirer.

'I want the world to know that nothing could be further from the truth,' James told the publication. 'Mean-spirited people who wanted to hurt Ashley made up that story.'

In fact, Ashley was a tower of strength during the heartbreak James suffered when Michael died of a heart attack in 2006 aged just 49.

Still cheery: James looked in good spirits as he stepped out in Beverly Hills earlier this month

Still cheery: James looked in good spirits as he stepped out in Beverly Hills earlier this month

'Ashley was young and I was old and everyone wanted to dump on her,' James explained. 'She was put through a lot of unfair stuff because of our relationship, but through it all, Ashley showed tremendous character.'

The Enquirer previously reported that Ashley was hoping for an engagement ring from the actor on her 25th birthday in 2011.

Instead, the couple split when James's attention became more focussed on his 86-year-old mother Martha who died last year after a prolonged illness.

'I had to give all my attention to my mom and it wasn't fair to Ashley,' said the actor:

Meanwhile, Ashley has fallen for 28-year-old businessman Joe Spinella who runs a restaurant in Florida,

'I'm happy now, but I will always have feelings for James,' she said. 'We had some great times together.'

Accolades: James starred alongside Sharon Stone in Casino

Accolades: James starred alongside Sharon Stone in Casino and has been nominated for two Oscars