A sequel to the Brad Pitt-led blockbuster F1 is officially in development, producer Jerry Bruckheimer has confirmed.

Speaking at the annual Academy Awards luncheon in Los Angeles, Bruckheimer said work has begun on a follow-up to the racing drama, which was released last summer. However, he did not provide a timeline or confirm whether Pitt will return to reprise his role.

The film stars Pitt, 62, as veteran driver Sonny Hayes, who makes a comeback to Formula 1 with the fictional team APXGP. The project was co-produced by seven-time world champion Lewis Hamilton and was filmed during the 2023 and 2024 Formula 1 seasons, including scenes shot at major race weekends such as the British Grand Prix at Silverstone.

F1 earned $630 million worldwide, making it Apple Original Films’ most successful theatrical release so far. The movie has also received four Oscar nominations this year, including a nod for best picture.

Bruckheimer said he was pleased by the film’s awards recognition and described working with Pitt as a thrilling experience. He noted that production faced delays due to industry strikes but ultimately succeeded in drawing global audiences.

Speculation about a sequel had been circulating for months. During a recent Apple TV press event, Formula 1 CEO Stefano Domenicali hinted at future developments, telling fans to “stay tuned.”

In addition to the F1 sequel, Bruckheimer revealed he is developing several other projects, including Heat 2, another Days of Thunder film, a new Top Gun installment and a further entry in the Pirates of the Caribbean franchise. He also mentioned a project related to UFOs.

Reflecting on changes in Hollywood, including studio mergers and the rise of artificial intelligence, Bruckheimer expressed optimism about the future of cinema. He said audiences will continue to seek live entertainment, adding that filmmakers must deliver content people want to see in theatres.

With inputs from BBC