Apparently, with the F1 film Rush having been announced, the studios have put Mann's project "Go Like Hell" on ice, until it has passed through. The Rush article can be read here:
In the article, it is reported that "Michael Mann's 'Go Like Hell', about the Ferrari vs. Ford rivalry for supremacy at the 24 Hours of Le Mans race during the 1960s was close to being set up at Fox last year, but is reportedly on hold until 'Rush' is finished." I tweeted the Variety link a few days ago, but for those just looking at the blog, this is the latest I have on that project. If anybody knows more, let me know.
