Adding to his already bustling line-up of big budget films, Jon M Chu is set to direct a film based on the Hot Wheels toy line, reports Deadline. The director is behind high profile films like Crazy Rich Asians,

Hoping to recapture the popularity of the Barbie movie that grossed over $1.44 billion worldwide, toy maker Mattel has announced that Wicked ’s Jon M. Chu will direct its upcoming live-action Hot Wheels movie, with Juel Taylor and Tony Rettenmaier, whose credits include Creed II and They Cloned Tyrone, writing the script.

The "Wicked" director says he aims to "create an adventure that honors Hot Wheels’ legacy while driving it somewhere entirely new.”