Transformers director Michael Bay may return to helm a "new version" of the franchise after leaving Netflix crime thriller Fast and Loose

Transformers: The Last Knight — (Image credit: Paramount Pictures)

Director Michael Bay has stepped away from Fast and Loose, the Will Smith-starring crime thriller that he was set to helm for Netflix, according to Deadline. The film was due to start shooting this October.

Fast and Loose was intended to be a reunion between Bay and Smith, who first worked together on 1995's Bad Boys. The plot of the new film hinges on Smith's character, an amnesiac who learns that he has been living a split life as a criminal mastermind and as an undercover agent for the CIA. According to Deadline's report, Bay wanted to dial up the action in the film, while star Smith was keen to push the comedy further.

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Will Salmon is the Streaming Editor for GamesRadar+. He has been writing about film, TV, comics, and music for more than 15 years, which is quite a long time if you stop and think about it. At Future he launched the scary movie magazine Horrorville, relaunched Comic Heroes, and has written for every issue of SFX magazine for well over a decade. His music writing has appeared in The Quietus, MOJO, Electronic Sound, Clash, and loads of other places too.