Toyota has confirmed that the FT-1 will become the next-generation Supra.

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.