DreamWorks has announced it's acquired the feature film rights to EA's Need for Speed, with a movie fast-tracked for release in 2014.
Scott Waugh (Act of Valor) is attached to direct the film, with a target production start date set for early next year.
Brothers George and John Gatins (Real Steel, Coach Carter) have developed an original story for the film not based on any individual game.
The big screen adaptation is described as "a fast-paced, high-octane film rooted in the tradition of the great car culture films of the 70s while being extremely faithful to the spirit of the video game franchise.
"In Need for Speed, the cars are hot, the racing is intense and the story keeps players at the edge of their seat."
DreamWorks chairman Steven Spielberg said of the deal: "I'm excited about getting back into the creative trenches with John and George Gatins and my partners at EA to bring to life an exhilarating script based on an epic video game that seems to have been made for the movies.
"This is a big piece of business for DreamWorks and we are grateful to Frank Gibeau, Pat O'Brien, Kevin Maher and John and George for choosing us to deliver their goods."
EA Labels boss Frank Gibeau added: "We are thrilled to be in business with our friends Steven Spielberg, Stacey Snider and the entire DreamWorks team. They are the perfect partner to take Need for Speed to the big screen by creating the exciting action film that we have always envisioned."
The latest NFS instalment, Need for Speed: Most Wanted, is planned for release later this year.