LOS ANGELES, Ca. – Universal Studios, owner and distributor of The Fast and Furious movie franchise, will host an auction at the MGM Grand in Las Vegas next month where the winner will walk away with the rights to a full-length, unreleased film starring the late Paul Walker.
The film, shot two years before Walker’s tragic death, chronicles the life of LAPD detective Brian O’Conner prior to his introduction in the original Fast and Furious movie. Laurence Fishburne and Gary Oldman are said to have supporting roles in the film, which is currently untitled.
Universal Studios has been careful to keep the details surrounding the auction, as well as the film itself, covered in a shroud of secrecy. However, Lupe Sanderson, a Variety magazine contributor, believes the film could sell for as much as $30 million. “This is going to be huge,” Sanderson said. “The fact that they’ve had it sitting in a vault somewhere for four years without ever mentioning it to anyone is just remarkable.”
Both Viacom and Miramax have expressed interest in obtaining the rights to the film. Although, according to Sanderson, they may face some tough competition. Al-Waleed bin Talal, a member of the Saudi Royal family and the 26th richest man in the world, plans to acquire the film for his personal collection. Known as the “Arabian Warren Buffett,” bin Talal is reportedly a huge Paul Walker fan. “Should bin Talal walk away with the rights to this,” Sanderson said, “it’s highly likely it’ll be the last we ever hear about it. It’ll never see the light of day.”