Expectations for the New MR2 Generation
Rumors about the return of the Toyota MR2 have been circulating for many years, but recently they have gained new strength after the manufacturer itself began sending certain signals. The electric FT-Se concept, presented in 2023, hinted at the possible appearance of a modern MR2, and the following year, a video mentioned a fourth-generation MR2.
Even more substantial evidence came from recent sightings of a mid-engine GR Yaris prototype, as well as Toyota’s filed trademark applications for the MR2 name. Company President Akio Toyoda also cryptically hinted at a mid-engine surprise for the Tokyo Auto Salon, although it turned out to be two kei pickups.
Despite fans probably being ready to lose hope, the company indeed has plans for a new mid-engine sports car. Unfortunately, its appearance is still not imminent, but it will be presented eventually.

New Engine and Technical Details
In an interview with Automotive News, Gazoo Racing President Tomoya Takahashi revealed that the company’s new turbocharged 2.0-liter engine can be installed in the front, rear, or center of a car. It will eventually replace the current 2.4-liter turbo engine but will be even more powerful.
Takahashi also noted that this engine will be able to meet future Euro 7 standards without the help of electric motors. However, he confirmed that hybrid versions with this unit will appear later.
If we plan to install this engine in many different cars, the possibility of combining it with hybrid technology is almost mandatory. We are conducting relevant developments.
The new inline four-cylinder engine is 10 percent more compact than the 2.4-liter turbo engine. Takahashi explained that it was developed with the intention of fitting it into a small car like the GR Yaris, as such layout and engineering requirements are the most challenging. If it fits there, it can easily be used in larger models.

Market Launch Timeline
Regarding the timeline for the appearance of the mid-engine sports car, Takahashi reported that series production will not start soon. Although he did not give an exact date, Automotive News writes that engineers are currently in the first of four stages preceding mass production, and this process usually takes four to five years.
This new project will likely be part of Toyota’s strategy to expand its lineup of sports models under the GR brand. The development of a versatile yet powerful and compact engine opens up broad possibilities for creating various cars, from compact hatchbacks to true sports cars. The success of the GR Yaris and GR Corolla has shown that the market is ready for such products, and the return of the legendary MR2 name could be the next step in reviving affordable yet exciting driver’s cars.

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