Alcon Entertainment and Warner Bros. are teaming up to remake Point Break, the Kathryn Bigelow-directed 1991 action film headlined by Patrick Swayze and Keanu Reeves.

Set against the backdrop of surfing, the original starred Reeves as Johnny Utah, a rookie FBI agent who, with his partner (Gary Busey), investigates a string of robberies committed by the Ex-Presidents, a gang of surfers led by the charismatic Bodhi (Swayze). Utah goes undercover, developing a complex relationship with the adrenaline-fueled gang, developing a relationship with an orphan surfer girl (Lori Petty), and becoming enthralled by Bodhi's philosophies.

According to The Hollywood Reporter, the new screenplay by Kurt Wimmer (Salt) places the action in the world of international extreme sports, with an FBI agent infiltrating a criminal ring.

The film, which will be distributed by Warner Bros., is being fast-tracked, with the search for a director expected to begin soon. Alcon, the Warner Bros.-based production company behind The Blind Side and the planned Blade Runner revival, has also secured the television and gaming rights to Point Break.