The film will be the auteur's first drama feature since "The Grandmaster" opened three years ago.

Wong Kar-wai often takes three-to-four-year breaks in between films, so fans have been particularly anxious as of late for updates on a new feature given that it’s been three years since “The Grandmaster” opened to strong reviews and two Oscar nominations. The director has kept things relatively quiet in the interim, quietly announcing he’d be co-producing and co-directing an online drama series in China, but it looks like word is now out about the director’s anticipated return to moviemaking.

READ MORE: Wong Kar-wai Producing, Co-Directing Online Drama Series for China’s Huanxi Media Group

Briefly mentioned and confirmed in a new The Hollywood Reporter profile on Annapurna founder Meagn Ellison, it appears Wong Kar-wai is attached to direct the long-gestating Gucci family drama that has been circulating around Hollywood for the past couple years. The Film Stage reports the film was originally going to be directed by Ridley Scott, with Angelina Jolie and Leonardo DiCaprio set to star, but that project never came to be. Now rumor has it Margot Robbie is courting offers to star.

The story centers around the murder of Maurizio Gucci, grandson of company founder Guccio Gucci. Robbie would presumably play Patrizia Reggiani, who was convicted and sent to prison for killing her ex-husband. Screenwriters Andrea Berloff (“World Trade Center”) and Charles Randolph (“The Big Short”) have worked on drafts of the script, but there’s no confirmation as to which writer is being credited on the final script.

The project is apparently in the very early stages of development, but it joins Annapurna’s prestigious slate that includes Kathryn Bigelow’s untitled Detroit Riots drama and Bennett Miller’s “A Christmas Carol” adaptation. Expect more details to drop shortly now that agents have confirmed Wong Kar-wai’s involvement.

Stay on top of the latest breaking film and TV news! Sign up for our Festivals newsletter here.

Sign Up: Stay on top of the latest breaking film and TV news! Sign up for our Email Newsletters here.