Hover Car Racer: According to Variety, Disney has bought feature film rights to writer Matthew Reilly's teen techno-thriller Hover Car Racer.

Reilly's novel was first made available online for free, and a partial manuscript was shopped to the studios. Book will be published by Simon & Schuster in two volumes.

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The pic is set in the near future, with hover car racing the Formula One of its time. A 15-year-old boy who qualifies for the famed International Race School fights it out in races on the international circuit, including a white-knuckle super-race that winds through New York City.