Diane Lane takes reins of 'Secretariat'
Randall Wallace set to direct Disney film
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Randall Wallace is directing the film this fall from a script by Mike Rich.
Mayhem partners Mark Ciardi and Gordon Gray are producing.
While Secretariat showed potential before the horse became the first Triple Crown winner in 25 years, Chenery's rise to become "first lady of racing" was the real underdog story.
Lane will play Chenery, a mother and housewife who knew little about horse racing when she took over her ailing father's farm in Virginia.
Around the time that Secretariat established himself as a horse with serious potential, she was pressured to sell him and everything else after her father died and she was hit with a large inheritance tax.
Lane last starred in "Nights in Rodanthe."
She is repped by WME and Joan Hyler.
