Toyota is reportedly fueling excitement among sports car enthusiasts with plans to expand its GR lineup, and rumors are swirling about the highly anticipated return of the iconic MR2. While initial concepts hinted at an all-electric future for Toyota sports cars, the latest buzz suggests a thrilling twist: the new MR2 might embrace its heritage with a traditional mid-engine layout and a powerful gasoline engine.
According to Japan’s Best Car magazine, known for its automotive scoops, Toyota is indeed considering resurrecting the MR2, a beloved sports coupe that ceased production in 2007. This revival is rumored to be part of a broader “sports car revolution” starting in 2025, which includes updates to the GR Supra and GR86. However, contrary to some expectations that the electric FT-Se concept unveiled at the Japan Mobility Show would directly translate into a new MR2, it appears Toyota may be taking a different route.
The original MR2, especially the second generation launched in 1989, earned the moniker “Poor man’s Ferrari” due to its striking resemblance to the Ferrari 308 GTB. Its mid-engine configuration and sporty handling made it a hit among enthusiasts seeking an accessible and engaging driving experience. The third generation followed in 1999, continuing the MR2 legacy until its discontinuation.
Now, whispers from Best Car suggest that the New Toyota Mr2, potentially arriving in 2026, will stay true to its mid-engine roots. Instead of a fully electric powertrain, the rumors point towards a high-performance internal combustion engine. Interestingly, the engine in question is said to be derived from the award-winning GR Yaris – a rally-bred 1.6-liter turbocharged 3-cylinder marvel that delivers an impressive 320 horsepower. This choice would not only provide exhilarating performance but also connect the new MR2 to Toyota’s Gazoo Racing (GR) performance lineage.
Stylistically, the new MR2 is expected to draw inspiration not only from the FT-Se concept but also from iconic European sports cars. Best Car suggests a design language that blends the sleekness of the Ferrari 296 GTB with subtle Lotus design cues. This fusion aims to create a visually stunning and dynamically styled sports car that stands out in the modern market, while still echoing the spirit of past MR2 models. While the FT-Se concept hinted at a futuristic, almost minimalist design, the rumored MR2 seems to be leaning towards a more emotive and classic sports car aesthetic.
Adding to its exclusivity, the next-generation MR2 is anticipated to be produced in limited numbers by Toyota’s GRMN (Gazoo Racing tuned by Meister of Nurburgring) studio. This suggests a focus on high performance and meticulous craftsmanship. The price tag is estimated to be upwards of $65,000, positioning it as a premium offering within Toyota’s sports car lineup, sitting alongside the GR Supra and GR86, and potentially completing a trio of distinct performance vehicles.
If these rumors materialize, the new Toyota MR2 could represent a significant moment – potentially the last internal combustion engine sports car from Toyota, marking the end of an era while celebrating its rich sports car heritage. For enthusiasts yearning for a mid-engine, driver-focused sports car with a blend of performance, style, and Toyota reliability, the revival of the MR2 could be very exciting news indeed.
