DeLorean biopic driving towards the big screen!

It was the dream car of many of us 80's kids, ok that was partly because the version of it we fell in love with could travel through time, but never the less the DeLorean posters adorned many a bedroom wall and now it's getting it's own biopic, well the guy who invented it is but that's splitting hairs.

Alex Holmes has been tapped to steer a biopic of car designer John DeLorean that Time Inc. Studios and XYZ Films will produce.

Holmes, who most recently wrote and directed the HBO and BBC miniseries "House of Saddam," developed the DeLorean script with co-writer Rob Warr. They had previously collaborated on the BBC TV series "Dunkirk."

The DeLorean film will tell the story of how the auto industry maverick's glamorous life came crashing down when he was caught in an FBI drug trafficking sting, only to be acquitted on grounds of entrapment.

Holmes envisions the pic as a crime thriller with a tragic hero at its heart.

"As a kid, John DeLorean seemed an almost mythic figure to me. His dreams brought him head to head with both the British and American establishment, and they destroyed him," Holmes said.

The producers behind the pic are working closely with DeLorean's son Zachary DeLorean, the executor of the DeLorean estate. Film is also based on the carmaker's unpublished memoirs, articles from Fortune and Time, as well as Hillel Levin's book "Grand Delusions."

Time Inc. Studios prexy Paul Speaker; XYZ partners Nate Bolotin, Nick Spicer and Aram Tertzakian; and Tamir Ardon, who is also producing a docu on DeLorean, will produce the pic. Time Inc. Studios is the video and film production arm of Time Inc.

The project is racing to get to the bigscreen before other DeLorean pics, including one from Brett Ratner that James Toback is scripting and Robert Evans is producing, and another from David Permut based on life rights from DeLorean's longtime attorney, Mayer Morganroth.

"There are other producers out there trying to make a movie about my father," said Zachary DeLorean, "but this is the only one I'm standing behind, and the only one the DeLorean estate is allowing."

All joking aside this could be pretty interesting and entertaining stuff, it will certainly be interesting to see how much of the film is dedicated to the famous car and it's big screen life as part of one of the 80's biggest franchises.