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June 7, 2004 / 3:08 PM

Will Ferrell in racing movie

LOS ANGELES, June 7 (UPI) -- Columbia Pictures has won the rights to produce the upcoming Will Ferrell comedy "Talladega Nights," according to The Hollywood Reporter.

Adam McKay, who made a series of short films for "Saturday Night Live," will direct the comedy, set in the world of big-time professional stock car racing. McKay directed and co-wrote Ferrell's upcoming summer comedy, "Anchorman." He also collaborated with Nora and Delia Ephron on the screenplay for the upcoming movie version of "Bewitched," starring Ferrell and Nicole Kidman.

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"Talladega Nights" has a tentative release date of summer 2006.

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