Now news comes from Cannes, France that the opus will be remade, starring former UFC welterweight champion Georges St-Pierre and WWE star Dave Bautista.
The project should draw keen interest at the Cannes Film Market, where Brian O'Shea's The Exchange will begin shopping the film to foreign buyers later this week.
Producer Ted Field of Radar Pictures has been plotting the remake for a year, signing Hong Kong filmmaker Stephen Fung to direct. Fung's credits include the wildly popular Chinese martial arts movies Tai Chai Zero (2012) and Tai Chi Hero (2012).
Kickboxer also has signed stuntman and martial artist Alain Moussi as its lead. Moussi has worked in a number of Hollywood event films, including Fox's upcoming X-Men: Days of Future Past. His credits include Pacific Rim and White House Down.
"Alain is a star and will be an amazing leading man," said Field. "Like Vin in Riddick, Alain will make this movie very special, and this Kickboxer will be the start of an amazing franchise."
Kickboxer tells the story of David and Kurt Sloan, the descendants of a well-known Venice, Calif., fighting dynasty. When David wins the Karate World Championship, a promoter lures him to Hong Kong, despite his brother's protestations that the man is a crook. When Kurt travels to Thailand to meet his brother, he discovers he has died and seeks his revenge.
“We have a visionary director, a strong Hollywood producer, great cast and an action-packed script based on a well-known property," said O'Shea. "What more can you ask for?”