`The Sting` to be adapted for Broadway

Los Angeles: Oscar-winning film `The Sting` is heading to Broadway as a new musical.

The 1973 movie, set in Depression-era Chicago, Illinois, featured friends Robert Redford and Paul Newman and picked up seven Academy Awards in 1974 - but now producers behind a new stage version have Tony Awards in their sights, reported Deadline.

They have recruited three Tony Award winners - `The Drowsy Chaperone` writer Bob Martin and `Urinetown` duo Mark Hollmann and Greg Kotis - for the project.

The late Marvin Hamlisch created the Oscar-winning score for the film, but it is unclear if his work will be incorporated into the planned stage adaptation.