Paul W.S. Anderson is now set to direct, after John Woo left the project after having been associated with it since 2004.
In the game you work for a secret government agency, which has developed a car, the G-6155 Interceptor, loaded with weapons such as machine guns and missles. It also offered its driver the ability to transform the vehicle into a motorcycle, jet ski, and submarine. Your task was to defeat the forces of Nostra, a terrorist organization, of course bent on world domination.
The movie appears, at least for now, to follow this same premise. The initial actor chosen for the lead was Dwayne "The Rock" Johnson. There has been no word yet if he has been released from the project, or if Anderson plans on keeping him on board.
Source: Comingsoon.net