The stunning concept took this year's Detroit Auto Show by storm, and almost to the moment that it was unveiled, rumors started stirring that it would be the next-generation Supra. Now those rumors can come to a rest as it has been confirmed that the FT-1 will be produced as the next great sports car by the Japanese automaker.
But that's not all, as an entry-level coupe is rumored to also be in the works that will be slotted under the Scion FR-S and will be priced at around $16,000. The entry-level sports car's development is rumored to be headed by Tetsuya Tada, the GT86′s chief engineer. Sources say that both next-generation coupes will form the base for a whole range of sports cars that will start joining Toyota's lineup starting in 2016. As for what will be under the hood of the entry-level coupe, Toyota is exploring a 1.5-liter hybrid powertrain and is hoping for a 2017 debut.