Pulitzer and Tony award-winner Tracy Letts (‘Lady Bird,’ ‘The Post’) has landed the key role of former Ford Motor Company President Henry Ford II in James Mangold’s ‘Ford vs. Ferrari,’ Deadline has learned.

Scripted by ‘Edge of Tomorrow’ scribes Jez and John-Henry Butterworth, the film follows an eccentric, determined team of American engineers and designers, led by automotive visionary Carroll Shelby (Matt Damon) and his British driver, Ken Miles (played by Christian Bale), who are dispatched by Henry Ford II with the mission of building from scratch an entirely new automobile with the potential to finally defeat the perennially dominant Ferrari at the 1966 Le Mans World Championship.

The film also stars Jon Bernthal, Caitriona Balfe, Noah Jupe, Paul Sparks and Jack McMullen.

Mangold is aiming to have cameras rolling in August with Chernin Entertainment producing.