Back in November, Abrams commented on the possibility of him directing and it sounded like it wasn't happening:
"Look, Star Wars is one of my favorite movies of all time. I frankly feel that Ė I almost feel that, in a weird way, the opportunity for whomever it is to direct that movie, it comes with the burden of being that kind of iconic movie and series. I was never a big Star Trek fan growing up, so for me, working on Star Trek didnít have any of that, you know, almost fatal sacrilege, and so, I am looking forward more then anyone to the next iterations of Star Wars, but I believe I will be going as a paying moviegoer!"
TheWrap adds that Lucasfilm's Kathleen Kennedy has been courting Abrams for the director's chair for a while.
Star Wars: Episode VII is scheduled to hit theaters in 2015. Michael Arndt is writing the script. Disney and Lucasfilm are planning a new trilogy with a new movie coming every other year.