Electronic Arts has announced that it has sold the film rights for the Need for Speed franchise to DreamWorks. George and Johns Gatins (Real Steel) will write the script, while EA will produce the film alongside John Gatins and Mark Sourian. Director Scott Waugh (Act of Valor) is attached to direct, with a planned 2014 release date.

“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,” said Steven Spielberg, DreamWorks Chairman. “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.”

“We are thrilled to be in business with our friends Steven Spielberg, Stacey Snider and the entire DreamWorks team,” said Frank Gibeau, President of EA Labels. “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.”