Sergio Leone’s A Fistful of Dollars, starring Clint Eastwood, is set for a remake now in development from Euro Gang Entertainment.

The classic film, directed by Leone in 1964, created the “spaghetti Western” and was itself a remake of Akira Korosawa’s 1961 film Yojimbo. The latest version will come from Gianni Nunnari and Simon Horseman’s Euro Gang Entertainment and Italian production partner, Enzo Sisti and FPC S.r.l., and Rome-based Jolly Film, the film’s original producer and distributor.

Leone’s A Fistful of Dollars, about a drifting and detached gunfighter who plays two rival families against each other in a town torn apart by greed, pride and revenge, made Eastwood a star. A Fistful of Dollars was also the first of a trilogy that included For a Few Dollars More and The Good the Bad and the Ugly, films about the “man with no name” that starred Eastwood.   

“I am delighted to partner with Gianni again having just worked with him on Those About to Die, and with Simon on the remake of this classic film, which created a whole new sub-genre in film spawning over 500 European Westerns,” Sisti, whose film credits include Anthony Minghella’s The Talented Mr. Ripley and the Oscar winner The English Patient, said in a statement.

Nunnari and Horsman added in their own statement: “Enzo is one of the most experienced producers in the film business, and we are fortunate to call him our partner on this incredible project. We are determined to produce a remake that does justice to the great Sergio Leone’s classic.”           

Guendalina Ponti of Rome-based Ponti, De Sanctis & Partners advised both Euro Gang Entertainment and FPC S.r.l. on the deal.