Robbie Robertson's new single, 'Fear of Falling,' features a collaboration that supergroups are made from, thanks to contributions from fellow classic-rock veterans Eric Clapton and Steve Winwood.

The song is the latest single off the one-time Band frontman's latest solo album, 'How To Become Clairvoyant.' Robertson says the track was inspired in large part by Clapton. "'Fear of Falling’ really comes from Eric," explains Robertson in a press release. "It comes from a life experience that he was telling me about that I, in turn, was then singing back to him. It comes from when we first started working on music together and we would sit down with just two guitars and start playing around."

The mid-tempo number features the two musicians trading vocals and guitar licks, with an assist on organ by Winwood. Clapton's influences are apparent throughout the song, both in the musicality and the lyrics.

"We traded off the ideas until we felt like 'we’ve really got something together here'," notes Robertson. "So it was a real trade-off in all aspects of the song -- in the vocals, the playing and the storytelling, everything."

In essence, the song is about hesitating to commit one's heart to a new love. The lyrics express a strong magnetism to a woman but also center on the doubts that come with a new relationship. "She has a certain kind of thing / It's called the mystery of desire / Keeps pulling on my heartstring / I'm like a man on a wire."

'Fear of Falling' is a mellow song that's simple, yet elegant. It's a collaboration in the truest sense of the word, and the combination of talents blends exquisitely throughout the tune.

Robertson, who recently had the honor of being appointed to the Order of Canada, will perform Thursday (June 9) on NBC's 'Late Night With Jimmy Fallon.' He'll be joined by Robert Randolph, who appears on two songs on 'How To Become Clairvoyant.' Meanwhile, Clapton and Winwood have just announced that they'll be teaming up for 12 shows in Japan this fall.

Listen to Robbie Robertson's 'Fear of Falling' (Feat. Eric Clapton & Steve Winwood)