What Does Speed Racer’s Box Office Flop Mean to the Wachowskis?

8 Comments

It cost north of $150 million to make, and scored a meager $18 million in its opening weekend. This, despite a blitzkrieg of advertising on and offline, and some serious buzz in the fan community. Who didn’t geekgasm when the very first picture of the Mach 5 was released? I’m not even a fan of the original cartoon, and even I was intrigued, so I can only imagine how you Speed Racer freaks felt upon seeing it.

“Speed Racer” was originally estimated to have pulled in an average $20.2 million in its opening weekend, but even that number is now in doubt. Actual sales figures now put the film’s first-week take at $18.6 million. To add insult to injury, the Ashton Kutcher-Cameron Diaz romantic comedy “What Happens in Vegas” leap frogged “Speed Racer” into the second spot with its $20.7 million first-weekend take.

While domestic box office doesn’t tell the whole tale, the film’s overseas figures aren’t exactly astounding, either. The movie made $12.6 million in overseas box office, for a worldwide total of $31.2 million according to BoxOfficeMojo.com.

So what does the failure of “Speed Racer” mean to the Wachowski brothers? Most likely, not much.

Andy and Larry Wachowski have bought more than a little room for a flop or two with Hollywood studios after the phenomenal success of their “Matrix” films. Their last movie, which they wrote but did not direct, “V for Vendetta” was also a hit, turning a $54 million dollar budget into a $132 million dollar worldwide take. They’re not Spielberg and Lucas yet, but let’s face it, these guys have made too much money for too many people for the studios to get into a tizzy over “Speed Racer’s” underwhelming box office.

Up next? “Ninja Assassin”. Drop the cartoon neighborhood and get back to basics, boys.

Can you say, “Insanely kick ass ninja action”? Let’s hope.

The Wachowski Brothers

Author: Nix

Editor/Writer at BeyondHollywood.com. Likes: long walks on the beach and Kevin Costner post-apocalyptic movies. Dislikes: 3D, shaky cam, and shaky cam in 3D. Got a site issue? Wanna submit Movie/TV news? Or to email me in regards to anything on the site, you can do so at nix (at) beyondhollywood.com.
  • moviegod

    that ninja movie better be awesome. the wack brothers fubar a lot of credibility with that crappy last matrix movie. seriously what? revolutions? ugh.

  • moviegod

    that ninja movie better be awesome. the wack brothers fubar a lot of credibility with that crappy last matrix movie. seriously what? revolutions? ugh.

  • patrick

    The Wachowski bros certainly put a lot of effort into making Speed Racer… but the movie overall looked and felt like a cross between anime, a kaleidoscope, that Flintstones movie, a video game and the Dukes of Hazard http://www.kogmedia.com

  • patrick

    The Wachowski bros certainly put a lot of effort into making Speed Racer… but the movie overall looked and felt like a cross between anime, a kaleidoscope, that Flintstones movie, a video game and the Dukes of Hazard http://www.kogmedia.com

  • TJ

    They lost it. Now they are in their rooms crying because they were stupid.

  • TJ

    They lost it. Now they are in their rooms crying because they were stupid.

  • Rosie

    “The Wachowski bros certainly put a lot of effort into making Speed Racer… but the movie overall looked and felt like a cross between anime, a kaleidoscope, that Flintstones movie, a video game and the Dukes of Hazard “

    I have seen the above comment – word for word – on so many blogs, I can’t keep count.

    Personally, I love SPEED RACER. I’ve seen it twice already and consider it the most original movie I have seen this summer.

  • Rosie

    “The Wachowski bros certainly put a lot of effort into making Speed Racer… but the movie overall looked and felt like a cross between anime, a kaleidoscope, that Flintstones movie, a video game and the Dukes of Hazard “

    I have seen the above comment – word for word – on so many blogs, I can’t keep count.

    Personally, I love SPEED RACER. I’ve seen it twice already and consider it the most original movie I have seen this summer.