Oscar winner Benicio Del Toro is to star in a new version of the horror classic 'The Wolf Man'.

Variety reports that 'Se7en' scriptwriter Andrew Kevin Walker has begun working on the script for the film.

Like the original, Lon Chaney Jr-starring film, the remake will be set in Victorian England.

It is hoped that the film will shoot in early 2007 after Del Toro completes work on the Che Guevara biopic 'Guerrilla'.