From an interview with Tatame.com:
Soon after defeating Matt Lindland at the second Affliction event, Vitor Belfort challenged the biggest star of the company, Fedor Emelianenko. With no official word from the organization on this match, the Brazilian still hopes to fight the biggest heavyweight of the world… “The people are waiting to see if they will make this fight. Fedor is the one who decides everything – it's up to him to decide what he wants. The people want this challenge and await his reply,” affirmed Vitor.
If it's up to the M-1 organization, partner of Affliction, the fight could still happen. “The staff of the M-1 wants to make it, but Tom Atencio and Affliction want to make a fight against Josh Barnett… but I am waiting. If he will not be in Affliction 3, he can be in the next one.” While he waits for a final decision on his next fight, Belfort will begin working on a film about his life. “People are making a DVD of my career, my history. I'm going to film where I lived in the United States, at Carlson Gracie's first academy… I'm going to show my family, taking my son Davi to school, my training, everything. I'm going to the United States in April to start to film,” finished Belfort, who will soon become a father for the third time.