The German Federal Film Fund is granting $12.3 million to the producers of “Speed Racer,” which will be produced at Babelsberg Studios near Berlin this summer.Based on Tatsuo Yoshida’s hit cartoon series of the ‘60s, this version will be live-action. Joel Silver is producing and it’s his second film at Babelsberg. V for Vendetta was his first.
The film stars Emile Hirsch (left) as Speed along with Christina Ricci, John Goodman and Susan Sarandon and is slated for May 2008 opening.
Also slated for the fund is the Leo Tolstoy bio, "The Last Station," starring Anthony Hopkins and Meryl Streep.
