Mattel announced it’s working on a new live-action movie with “Wicked” director Jon M. Chu that will be all about Hot Wheels.

After Wicked: For Good bows in theaters this fall, filmmaker Jon M. Chu will be trading flight for high-speed races with the Hot Wheels movie.

Deadline reports that "Wicked" and "Wicked: For Good" director Jon M. Chu has signed on to direct "Hot Wheels," an action film based on the die-cast toy cars from Mattel.