Steve McQueen and Dustin Hoffman classic prison break film Papillon to be remade 

By Justin Enriquez For Dailymail.com

Published: 17:05 EST, 7 October 2015 | Updated: 19:52 EST, 7 October 2015

Papillon is the next classic film set for a remake.

The 1973 epic starring Steve McQueen and Dustin Hoffman is set to be re-imagined with production company Red Granite pushing the project according to a Wednesday report from The Hollywood Reporter.

The groundwork for the big venture has already been set as Danish director Michael Noer is set to helm the film.

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The return: 1973 flick Papillon starring Steve McQueen (left) and Dustin Hoffman (right) is going to have a remake, according to a Wednesday report from The Hollywood Reporter

The return: 1973 flick Papillon starring Steve McQueen (left) and Dustin Hoffman (right) is going to have a remake, according to a Wednesday report from The Hollywood Reporter

The 36-year-old director may be relatively young in comparison to his filmmaker colleagues but he already has tons of experience in making movies as is best known for his work on Danish film R (2010) and action drama Northwest (2013).

The original flick is based on the memoir by convicted felon and fugitive Henri 'Papillon' Charrière, which was first published in France back in 1969.

McQueen played the man who was unfairly convicted as a murderer in the 1930s and was ultimately sentenced to life in prison in an infamous South American penal colony.

At the helm: Danish filmmaker Michael Noer, 36, will direct the film, as he is pictured at the Tribeca Film Festival in New York back in April 2013

At the helm: Danish filmmaker Michael Noer, 36, will direct the film, as he is pictured at the Tribeca Film Festival in New York back in April 2013

Man with the plan: McQueen portrayed convicted felon and fugitive Henri 'Papillon' Charrière

Man with the plan: McQueen portrayed convicted felon and fugitive Henri 'Papillon' Charrière

Eccentric: Hoffman portrayed conterfeiter Louis Dega

Eccentric: Hoffman portrayed conterfeiter Louis Dega

While heading to the penitentiary, Papillon meets an odd fellow prisoner named Louis Dega, who was portrayed by Hoffman.

As Dega is a counterfeiter,he makes an agreement to fund Papillon's prison which results in a bond.

The movie was critically-acclaimed as it racked up an Oscar nomination for best music and a best actor Golden Globe nomination for McQueen. 

It is also ranked number 240 on the Top 250 Movies list on IMDB.

Gone too soon: Mcqueen - pictured in 1975 - died of cancer in November of 1980

Gone too soon: Mcqueen - pictured in 1975 - died of cancer in November of 1980

Legend: The 78-year-old actor Hoffman - pictured in London in November of last year - has enjoyed a successful film career over 40 years later

Legend: The 78-year-old actor Hoffman - pictured in London in November of last year - has enjoyed a successful film career over 40 years later

The script was written by American screenwriter, Aaron Guzikowski, who is best known for writing 2013 flick Prisoners starring Jake Gyllenhaal and Hugh Jackman.

Riza Aziz and Joey MacFarland from Red Granite will be producing along with Roger Corbi and Ram Bergman.

Executive producers include: Martin Hellstern, Joshua D. Maurer, Terrence Chang, Yan-Fischer-Romanovsky and David Koplan. 

Based on a (mostly) true story: Papillon was adapted from a memoir written by Charrière first released in France back in 1969

Based on a (mostly) true story: Papillon was adapted from a memoir written by Charrière first released in France back in 1969

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