National Lampoon is all set to make the sword and sandals spoof 301: The Legend of Awesomest Maximus Wallace Leonidas. According to Variety, it will be based on such movies as 300, Gladiator, and Braveheart.

The film will revolve around an out-of-shape Spartan who leads his army to great failure. Jason Burinescu is the one responsible for the script.

There was no word on when the film would go before the camera.

UPDATE: Official Press Release from National Lampoon:

National Lampoon, Inc. announced plans for its next in-house feature film production, National Lampoon's 301: The Legend of Awesomest Maximus Wallace Leonidas.

301, written by Jason Burinescu, spoofs all of the great sword and sandal epics, such as 300, Troy, Gladiator, and Braveheart. The storyline is centered around Awesomest, the bumbling out of shape general of Sparta who has spent his life failing forward, but is destined for greatness. Project will be produced by National Lampoon and Dan Farah of Farah Films, along with Burinescu through his Vision Entertainment banner. Dale Rosenbloom will executive produce. Project is being fast tracked to production and the producers are currently out to cast actors and directors.

"This is a script that we felt we had to make, and the kind of epic film people will watch for years to come," stated Daniel Laikin, National Lampoon Chief Executive Officer. "As we aggressively move into the in-house film production business, this is the kind of project we get very excited about. This will be a great complement to our library."

Farah calls the project "a hilarious equal opportunity offender that will be sort of a mix between History of the World and Scary Movie."