Hover Car Racer: According to The Hollywood Reporter, The Walt Disney Co. is waving the green flag for Hover Car Racer, acquiring feature film rights to Australian scribe Matthew Riley's forthcoming book for "Smallville" creators and executive producers Alfred Gough and Miles Millar to produce. The project falls under the duo's freshly inked 18-month first-look film producing pact with Disney.

Gough and Millar have a previous relationship with the studio, having penned Shanghai Noon and its sequel, Shanghai Knights. While the writers have worked in features and television, where they have served as showrunners, the Disney deal represents their move into producing as well as writing big-screen projects.

In addition to "Racer," they have three other Disney projects in the works.