It looks like the "Fast & Furious" franchise is getting a makeover. With the help of Dreamworks TV, an animated installment of the series, titled "Fast & Furious: Spy Racers," will be released globally by Netflix later this year.

The animated series will follow a similar plot line as its live-action counterparts. According to Polygon, "Fast & Furious: Spy Racers" focuses on teenager Tony Toretto "who follows in the footsteps of his cousin Dom when he and his friends are recruited by a government agency." Toretto and his crew are then tasked "with infiltrating an elite racing league that serves as a front for a crime organization hellbent on world domination."

The publication adds that Vin Diesel, who has starred in and produced a number of the "Fast" films, will be an executive producer for the animated installment.

The animation studio released a trailer for the series at the Annecy International Animated Film Festival on Thursday. While the 27-second teaser doesn't show much, it shows just enough to let fans know they are keeping true to a key theme of the series: cars.

The "Fast & Furious" franchise began in 2001 and has gone on gross over $5B at the worldwide box office with a total of eight main series films. The franchise, known partly for its bevy of wild and exotic cars, currently ranks as one of the highest-grossing film franchises of all time.

The adrenaline-filled series has also led to the spin-off "Fast & Furious Present: Hoobs & Shaw," which hits theatres in August. At least two more live-action movies for the franchise are also currently in the pipeline from Universal with slated spring of 2020 and 2021 release dates.