Iron Man writers Art Marcum and Matt Holloway have agreed to pen a remake of Highlander for Summit Entertainment, Variety says.

The remake plans to expand on the original's premise, which saw the immortal Connor MacLeod (Christopher Lambert) being mentored by Ramirez (Sean Connery) to fight for "The Prize" - the power to rule the earth forever.

Patrick Wachsberger, co-chairman of Summit said that he had "always dreamed of reinventing this franchise".

The 1986 original launched four sequels and three spinoff TV shows. The most recent Highlander franchise instalment was the 2007 film Highlander: The Source.