Michael Bay has been attached as a producer to several horror movies over the years, but he has yet to direct one himself. It would be really interesting to see what he would do with this genre, and there's a chance one day we might see it. In a recent interview with THR, the director had this to say,
"I have a great fantasy — that I will probably make a reality — of directing my own self-financed horror movie, I love this genre because the movie is the star."
All of the horror films that Bay has produced have been remakes, such as Friday the 13th, A Nightmare on Elm Street, The Texas Chainsaw Massacre, and The Amityville Horror. If Bay were to direct one of his own, I would hope it would be an original story. Bay films are over the top, and most of them are entertaining. A horror film from him could prove to be fun.