The series is the first under an expansion of the company’s ongoing multi-year deal with DreamWorks Animation Television.

In the series, teenager Tony Toretto follows in the footsteps of his cousin Dom when he and his friends are recruited by a government agency to infiltrate an elite racing league serving as a front for a crime organisation bent on world domination.

Margie Cohn, president of DreamWorks Animation Television, commented: “We are excited to extend and expand our successful relationship with Netflix by not only delivering more high-quality DreamWorks programming, but connecting fans of Universal films with fascinating new stories. Our new home at Universal marks an exciting new chapter for storytelling at our studio, and Fast & Furious is only the beginning.”

Tim Hedrick, who wrote for DreamWorks’ Voltron: Legendary Defender series, and Bret Haaland, who has produced DreamWorks’ animated shows like All Hail King Julien and The Penguins of Madagascar, will serve as executive producers and showrunners. Vin Diesel, Neal Moritz and Chris Morgan, who also serve as producers on the live-action Fast & Furious franchise, will serve as executive producers on the animated series as well.

The live-action film franchise has earned over $5b at the worldwide box office over eight films. The next film in the franchise hits theatres in July 2019, while chapters 9 and 10 arrive in April 2020 and April 2021.

Melissa Cobb, vice president of kids and family for Netflix, added: “We are thrilled to take our fantastic partnership with DreamWorks Animation to the next level with new opportunities from the vast library of Universal Pictures. The Fast & Furious franchise is a global phenomenon beloved by audiences of all ages, and we can’t wait to get started on the new animated series that will capture the action, heart, humour and global appeal of the feature films.”