Bond goes back to the beginning
Paul Haggis, who wrote the screenplay for Clint Eastwood's Million Dollar Baby, and directed recent hit Crash, revealed his intentions to the Hollywood Reporter.
Haggis said: "It's going to be good. We're trying to reinvent Bond. He's 28 - no Q, no gadgets."
Casino Royale will be the 21st film of the franchise, but will not feature Pierce Brosnan, who has stepped down from the role of 007.
As yet, the identity of the new James Bond has still not been revealed, with stars such as Clive Owen, Daniel Craig and Dougray Scott all believed to be in the hat.
Hugh Jackman, Ewan McGregor, Jude Law and Heath Ledger are also in contention to follow in the footsteps of Sean Connery, George Lazenby, Roger Moore, Timothy Dalton and Brosnan.