Legendary martial arts star Bruce Lee is getting the official biopic treatment, daughter Shannon Lee announced Friday. Despite his untimely death in 1973 at age 32, Bruce Lee helped to create and popularize a genre that still endures and influences today with roles in films including 'Fist of Fury,' ''Way of the Dragon,' and 'Enter the Dragon.' Bruce Lee Entertainment will produce the project in collaboration with Lawrence Grey ('Hope Springs') and Janet Yang ('The Joy Luck Club'). Bruce Lee's family is planning a new film based on the tragically short life of the martial arts icon. In the statement, Shannon Lee said the film will explore her father's writings, art and philosophies in addition to his martial arts stardom. Neither a star nor a director has been set for the film. At least one film about the star's life has already been produced. Daughter Shannon Lee said the film would cover areas of Bruce Lee's life that have not been given their due in previous projects. The 1993 biopic 'Dragon: The Bruce Lee Story' was based on widow Linda Lee Cadwell's book. That film, starring Jason Scott Lee as the titular star, was well received by critics and a grossed $63,513,743 at the worldwide box office. A 1993 film 'Dragon: The Bruce Lee Story' starred Jason Scott Lee (pictured) and was well-received by critics and covered much of the star's life in America. Deadline quoted Shannon Lee's statement:. 'There have been projects out there involving my father, but they’ve lacked a complete understanding of his philosophies and artistry,' she said. 'They haven’t captured the essence of his beliefs in martial arts or storytelling. The only way to get audiences to understand the depth and uniqueness of my father is to generate our own material and find amazing like-minded partners to work with…many don’t know that Bruce Lee was also a prolific writer and a creator of his own unique art and philosophy. 'That’s what we want to show, not just his kick-ass physicality, but the depth of his character and beliefs.'

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Daughter Shannon Lee said the film will explore her father's writings, art and philosophies in addition to his martial arts stardom. No actors or director has been signed to the project. Lee's tragically short life was already covered in the 1993 film 'Dragon: The Bruce Lee Story,' a critical success.

By. Matt Chorley, Mailonline Political Editor. PUBLISHED:. 06:56 EST, 3 January 2014. |. UPDATED:. 22:52 EST, 3 January 2014. The British National Party has laughed off its leader Nick Griffin being declared bankrupt, joking its better than being a millionaire in a coma like Michael Shumacher. The tasteless remark about the Formula 1 star came as fans held a silent vigil outside the hospital where he is being treated for a head injury suffered in a skiing accident on Sunday. But Mr Griffin brushed aside the idea that his financial problems would end his. political career and revealed he is writing a booklet on dealing with. debts. BNP leader Nick Griffin has been declared bankrupt but insists he will stand for election to the European Parliament again in May. The outspoken politician insisted he will continue as a member of the European Parliament and run for re-election in May. As Mr Griffin's financial problems were. made public, BNP press officer Simon Darby told Huffington Post: 'Look at it this way. Michael Schumacher has millions in the bank, but he'd do. anything to be in Nick's position now wouldn't he.' Schumacher is in a critical but stable condition after suffering brain injuries in a skiing accident on Sunday. In a message coinciding with his 45th birthday, his family said they were touched by the support shown by fans. As an MEP Mr Griffin enjoys a basic salary of around £76,000, plus extra basic allowances worth £46,000 with more for travel and accommodation. A listing at the Insolvency Service showed Mr Griffin was declared bankrupt at Welshpool and Newtown County Court yesterday. The BNP said that Mr Griffin had run up debts of £120,000 to solicitors Gilbert Davies & Partners, which represented him in the early stages of legal action against the European Commission. He had offered to repay 42p for every pound he owed to all his creditors but this was rejected by the courts. The tasteless joke by BNP press officer Simon Darby came as fans of former Formula 1 champion Michael Schumacher held a vigil outside the hospital where he is being treated following a serious skiing accident on Sunday. Politicians declared bankrupt used to be barred from seeking election again, but the rules were changed in 2002 meaning it no longer prevents someone from being an MP or MEP, or standing for election. In a statement Mr Griffin said: 'This order will not prevent me fighting for the interests of the British people or leading the British National Party to a fresh round of electoral victories. 'It’s of no political significance whatsoever.  I will take whatever is thrown at me and deal with it. 'I champion the right of the British people to their land and I will never surrender. 'On a practical note, I am now much better able to advise and help the huge numbers of decent ordinary folk in my constituency who have financial difficulties of their own. 'I will be producing an advice booklet on dealing with debt very shortly and can speak from personal experience rather than from an ivory tower in Brussels.' Mr Griffin will be automatically discharged from bankruptcy in one year, on January 2 2015, in accordance with the Insolvency Act. He was elected for the North West region of England in 2009. Advice published by the Electoral Commission said bankruptcy in itself does not bar someone from being a member of the European Parliament or standing for election. Restrictions are only triggered if an individual is made subject to a bankruptcy restrictions order or debt relief restrictions order. The Insolvency Service said such orders had not been made in Mr Griffin's case.

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Tasteless joke made as fans held a vigil for driver outside hospital. Griffin earns £76,000 salary as an MEP plus generous Brussels allowances. Owes £120,000 to solicitors hired to fight European Commission, court told. Insists it will not stop him standing in European elections in May.