New Regency has acquired Freedom Formula: Ghost of the Wasteland, an adaptation of the Radical Publishing sci-fi comic-book series that will be developed as a potential directing vehicle for Bryan Singer, Variety reported.

The movie will be distributed by Fox, which last worked with Singer on X2, the second X-Men movie. Michael Finch has been hired to write the script.

The comic is set in the future, when fighter jets have been replaced by pilots who battle in racing exo-suits. The protagonist is a genetically engineered racer who learns his bloodline has the power to change society.

Singer and Levine teamed on the project when the four-issue comic-book series debuted at last summer's Comic-Con. The comic was created by Edmund Shern, who runs Storm Lion, the Radical-owned imprint that published it. Shern will be associate producer.