Denis Villeneuve is keeping realistic about his expectations of success when it comes to tackling a sequel to Ridley Scott’s famed 1982 thriller, “Blade Runner”.

While speaking at the 2016 Venice Film Festival, the Quebec-born filmmaker, who is currently promoting his upcoming sci-fi film “Arrival”, asserts that creating a follow-up to the original film has been “an insane task”.

Villeneuve says, “The idea to make a sequel to the original ‘Blade Runner’, I thought was fantastic and a mad idea. When you have such a masterpiece to try to make [a sequel], it’s very difficult and an insane task. And we are in that insanity right now.”

Related: Jared Leto Joins Harrison Ford And Ryan Gosling In ‘Blade Runner’ Sequel

While the “Sicario” director may have slim hopes of success, he couldn’t be happier working with his crew and cast. He says, “We are embracing all the risk and the chance of success is very narrow, and that is so exciting. And we have a fantastic crew and I’m very inspired specifically by my actors right now [who] are doing a great, great, great, great job.”

The rebooted film stars Ryan Gosling, Jared Leto, Ana de Armas, Robin Wright and original cast member Harrison Ford. Speaking about his working relationship with Ford, Villeneuve says, “I never thought that I would have the privilege to work with him. It’s a gigantic thing for me to work with such a – he’s just such a gentlemen.”

The untitled “Blade Runner” sequel is set to be released in October 2017.