"The Taking of Pelham One Two Three" is not based on a true story; it is a fictional narrative. The 1974 film, directed by Joseph Sargent and based on John Godey's 1973 novel of the same name, follows the hijacking of a New York City subway train by a group of criminals. While the story reflects real concerns about urban crime and public safety, it is a work of fiction with no direct basis in actual events. The film has been influential in the thriller genre, spawning a 2009 remake.

There are two main versions of "The Taking of Pelham One Two Three." The original film was released in 1974, directed by Joseph Sargent, and is based on the novel by John Godey. It stars Walter Matthau and Robert Shaw. The second version is a remake released in 2009, directed by Tony Scott, featuring Denzel Washington and John Travolta. While both films share a similar premise of a subway hijacking, they differ in style and presentation.

In "The Taking of Pelham One Two Three," Pelham 123 refers to the specific subway train line and its train number in New York City. "Pelham" denotes the route that serves the Pelham Bay Park area, while "123" indicates the train's number in the system. The film centers around the hijacking of this train, with the hijackers demanding a ransom and threatening the passengers' lives. The title reflects the urgency and specificity of the scenario, making it a key element of the plot.

"The Taking of Pelham One Two Three" is widely regarded as a classic thriller. The 1974 original, directed by Joseph Sargent, is praised for its tight storytelling, strong performances (notably by Walter Matthau and Robert Shaw), and its realistic portrayal of a subway hijacking in New York City. The film's blend of suspense, dark humor, and social commentary has earned it a lasting legacy. The 2009 remake, starring Denzel Washington and John Travolta, received mixed reviews but was noted for its action and modern updates. Overall, both versions have their merits.