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Story summary
- Tomoya Takahashi, president of Toyota Gazoo Racing, confirmed Toyota is developing a new mid-engine sports car likely to revive the MR2.
- The project is in the first of four engineering stages.
- Production is expected to take four to five years.
- The car will feature a new 2.0-liter turbocharged engine designed to meet Euro 7 regulations and may include hybrid technology in the future, with a debut not expected before 2031.
