Plot details remain under wraps, but last we heard it was taking the demonic rider to Europe, where he would have "a history of theology" to dabble in, and occult themes that would steer him away from the supernatural southwest. The idea was partly Cage's, but reportedly fleshed out by David S. Goyer. THR notes that if Neveldine and Taylor sign, it's likely they will rewrite the script.
Neveldine and Taylor have played it relatively quiet since bursting onto the scene with Crank. I'm not surprised they would be keen to tackle Ghost Rider, especially after they rode so long with Jonah Hex before leaving him to Josh Brolin and Jimmy Hayward. They seem hungry to do some kind of spooky undead rider. But will they be able to rein in their legendary love of hyperkinetic violence, and make something PG-13 and friendly to the mainstream? Because I have a hard time believing Columbia will green light the kind of Ghost Rider Neveldine and Taylor would really want to make. And is either vision the one Ghost Rider fans actually want?