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Toyota Revives MR2 with New Mid-Engine Sports Car

1/22/2026

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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.