Enzo Ferrari was larger than life so it comes as little surprise that a movie depicting him has had it fair share of ups and down.

Enzo Ferrari was larger than life so it comes as little surprise that a movie depicting him has had it fair share of ups and down.

Based on Brock Yates' book titled "Enzo Ferrari: The Man, the Cars, the Races," the  movie was originally slated to be filmed in 2004, with Al Pacino playing Enzo Ferrari, but those plans were shelved when director Sydney Pollack died.

There hasn't been much movement since then but Cecchi Gori Pictures is trying to get things back on track as they're shopping the biopic at the Cannes Film Festival.

Nothing is set in stone but Cecchi Gori Pictures CEO Niels Juul told Variety he is in advanced talks with financiers and a well-known U.S. director. A script has already been written and Juul says “It’s a beautiful tale of the story of Ferrari battling with Maserati for supremacy in speed, yet it’s not a racing movie: it’s a ‘Godfather’ movie with racing in it."

If everything pans out, an official announcement could be made in a month or two.

Enzo Ferrari movie in the works - report