The Wachowskis and Vaughn, it Might Just Work!
After years of development, a Speed Racer (Mach GO GO GO) movie looks like it will be a go. Directing the live-action movie will be the Wachowski brothers and Joel Silver of the Matrix and V for Vendetta fame. They say that they want to put their own little spin on the movie before it gets released, so that it's not quite like the classic sixties era TV show it is based off of.
Rumors are flying that Vince Vaughn (Wedding Crashers) will be donning Speed's helmet and driving the famed "Mach Five", but IGN reports that he will more than likely take a back seat roll in the film, as Speed Racer's big bro possibly (AKA, "Racer X").
The movie is projected to be released in summer of 2008.