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.

Chu, who is best known for directing the Wicked movies and Crazy Rich Asians, has signed on for the Hot Wheels project. After Wicked was a box office sensation in the fall, it seemed like everyone was clambering to work with Chu,

Hoping to recapture the popularity of the Barbie movie that grossed over $1.44 billion worldwide, toy maker Mattel has announced that Wicked ’s Jon M. Chu will direct its upcoming live-action Hot Wheels movie, with Juel Taylor and Tony Rettenmaier, whose credits include Creed II and They Cloned Tyrone, writing the script.