Producer Pierre-Ange Le Pogam has acquired Arash Amel's spec screenplay Grace of Monaco, a new biopic centering on famed actress Grace Kelly.

Grace Kelly became an overnight sensation after starring alongside Gary Cooper in the 1952 Western High Noon. Alfred Hitchcock cast her in Dial M for Murder, Rear Window, and To Catch a Thief, but her life changed drastically after meeting Prince Rainer of Monaco at the Cannes Film Festival in 1955. They married in 1956, when she retired from acting, living her new life under the strict rules laid out for her by the Prince. She gave birth to three children and founded the Princess Grace Foundation in 1964. Grace Kelly died in 1982, after suffering a stroke while driving in Monaco.

The project is being compared to The King's Speech, setting the actress' personal tale against the political backdrop of the 1960s. Arash Amel's script focuses on a six-month period in 1962, when Monaco was embroiled in a heated dispute with France. The story follows Princess Grace's diplomatic maneuvering which brought the conflict to an end.

It is said that several A-list filmmakers are interested in making Grace of Monaco, although no director is attached yet.