Toyota has officially unveiled the FT-86, a concept car that is set to inspire an upcoming compact sports car. The name FT-86 brings together Toyota’s past and future, with the “FT” coming from the FT-HS hybrid concept from a few years back, while the “86″ is donated from the AE-86, a small rear-drive, two-door Corolla-based sports car (called the Hachi-Roku), made famous by drifters.
The design of the car in many ways mimics the bold look of the Lexus LFA supercar and yet on a smaller and more subtle scale. Power comes from a 2.0-liter Subaru-sourced boxer engine although the output is not yet known. The production model, like the concept will be rear-wheel drive and is expected to cost around $20,000, undercutting the Hyundai Genesis Coupe as a fun and affordable sports car.
Toyota has never really been in the sports car business but it is making bold statements, saying the FT-86 will have, “racecar-like handling.” We’ll hold our judgment until we get the production model out on a race track.