Paul Newman

acting after starring in one final movie.

The legendary Hollywood star--whose career has spanned five decades--has

decided to quit the film business and his motor racing hobby to relax at home

with his wife of 47 years, Joanne Woodward.

However, Newman has assured cinema-goers he'll make one more big screen

appearance "for good luck".

Referring to his retirement from both Hollywood and the racing track,

80-year-old Newman says, "I think both are winding down. I'll probably race for

another year.

"Joanne is the artistic director of the Westport Country Playhouse (a theatre

near the couple's Connecticut home) and her duties will stop this year. If my

racing stops, the two of us will be together, spend some time just horsing

around."

Regularly hailed one of the greatest movie stars ever, Newman made his motion

picture debut in 1954 film The Silver Chalice, and went to score millions of

fans and critical acclaim for his performances in The Hustler, Cool Hand Luke,

The Sting and Butch Cassidy and the Sundance Kid.

More recently he's won rave reviews in films like The Hudsucker Proxy,

Nobody's Fool and 2002's Road To Perdition.

Newman has been a motorsports enthusiast since he starred in the 1968 racing

film Winning and still competes regularly.

Newman has hinted his final movie appearance before his retirement will be

a big screen reunion with his Butch Cassidy and the Sundance Kid co-star Robert Redford.

The veteran stars--who became Hollywood's two major heartthrobs after

teaming up in the hit 1969 adventure and subsequently in 1973's The Sting--have been trying to kick start a reunion project for years, but to no avail.

And Newman has only given himself one more chance of working with his pal,

after announcing he'll quit the industry following one more starring role in a

movie.

He says, "I hate to talk about anything until the papers are drawn up, but

we've been looking for something for 20 years and now we're looking harder. I

hope something will come of it."

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