Lozano Helms 50 Cent’s Live Bet

Universal Pictures has set Mexican filmmaker Alejandro Lozano to direct “Live Bet,” a drag-racing vehicle to be driven by Curtis “50 Cent” Jackson reports Variety.

Heist film script is set in the world of underground clubs and illegal car racing. Original was set in New York; rewrite adds several locations including Las Vegas and Philadelphia. Studio hopes to be in production by late summer.

Lozano is rewriting the script with Tony Dalton (“Sultanes Del Sur”), based on scribes Charley and Vlas Parlapanides original. The plan is to turn it more into a character piece than the purely action-oriented approach.