The one percent is doing just fine in the Midwest. At least that’s what you’d be lead to believe if you dropped by the Lexus stand at the Chicago Auto Show.

There you’ll find a stunning display of not one, not two, not three, but four Lexus LFA supercars. Priced at an exorbitant $375,000 (each), you’re looking at $1.5 million dollars in total. Is that a ton of cash? You bet! But if you look at it another way, it’s also 40 cylinders, generating 2,208 hp.

For more on the Chicago Auto Show, see our complete coverage page here.

GALLERY: Lexus LFA Collection

As popular as drifting has become in America, the sport’s home will forever be in Japan and a quick demo out at the 2012 Tokyo Auto Salon gave us a reminder why.

While we have plenty of fun listening to V8-powered Ford Mustangs and Chevy Camaros go at it sideways, this year’s TAS played host to a Toyota GT 86 doing tandem with an old school AE86, only to be outdone by a Lexus LFA Roadster.

And as cool as it was to see the new Toyota GT 86 going sideways alongside its classic predecessor, what’s even more interesting is the fact that the LFA Roadster isn’t even supposed to go on sale until 2014, so how did someone get their hands on one? Either it’s a pre-production model or someone decided to chop the roof on theirs themselves. But leave it to D1 to put on yet another demo to whet everyone’s appetite for drifting, despite how controversial the series is out in Japan.

Check out the video after the break with various cars putting on a drifting demo.

[Source: Jalopnik]

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Toyota’s motorsports partner Gazoo Racing had several machines to show off at the Tokyo Auto Salon, but none as impressive as this Lexus LFA. Prepped for race duty, the car has already seen competition, with an automotive CEO behind the wheel no less.

Akio Toyoda? Nope. Try Dr. Ulrich Bez, the man in charge of Aston Martin and a long time racer.

How exactly the CEO of a competing automaker wound up behind the wheel of the Lexus supercar is the result of a friendship that has grown between Dr. Bez and Mr. Toyoda – a friendship that started when the two shared garage space at the Nurbrgring 24 Hour endurance race a few years back.

The two automakers have volunteered to share space ever since and this past year even shared cars, with Bez getting behind the wheel of the LFA, while Akio Toyoda had the opportunity to pilot Aston Martin’s Zagato V12 race car.

GALLERY: Gazoo Racing Lexus LFA

Aftermarket wheel manufacturer TWS Forged obviously liked what they saw when Toyota unveiled the Nurburgring Edition Lexus LFA. Sporting a more track-oriented aerodynamic kit and a functional rear spoiler, that package (even in its shocking orange paint scheme) now looks tame compared to the modified LFA on display at the TWS booth at the Tokyo Auto Salon.

Along with that huge spoiler out back the LFA gets a custom set of TWS wheels, as well as an ultra-aggressive rear diffuser setup to further improve aerodynamic flow over and around the supercar.

GALLERY: Lexus LFA by TWS Forged

See AutoGuide’s complete 2012 Tokyo Auto Salon Coverage here

If buzz at the LA Auto Show last week was anything to go by, a high-performance Lexus GS is on its way. During inside discussions at the west coast auto show, enthusiasm about building a GS based M5 beater was very much in evidence.

And it’s likely that such a machine wouldn’t just be fast, but actually enjoyable to drive as well, building on the foundation of the new GS model’s already very competent and dynamic chassis. It’s all part of Lexus‘ plan to move away from the somewhat staid, gilded-washing-machine persona it’s created over the last two decades.

In terms of engines, there are many believe that such a super sedan would need a super car engine, in this case a variation of the LFA’s 4.8-liter V10, though Lexus has continued to deny such rumors. Instead, given that BMW and even Mercedes are moving away from V10s and V12s and toward twin turbo V8s in an effort to add a bit of fuel economy along with performance, there’s every indication Lexus might do the same.

Nonetheless in a perhaps interesting move, Lexus is also adamant about not offering diesels on the GS even in Europe, despite the fact most rivals sell them there. Instead, Lexus is focusing on hybrids, it’s European vice president, Andy Pfeiffenberger stating that, “if you’re looking for diesel, I suppose you’ll be buying another brand.”

So does that mean that a V10 really could be a possibility in the GS after all? At this point, it’s simply too early to really say.

[Source: Autocar]

Lexus is looking to follow up their record-setting Nurburgring LFA edition with a Tokyo Edition model, which is supposedly making its debut at, where else, the Tokyo Motor Show.

Details are light right now, but the Tokyo Edition LFA will allow us to see the LFA’s carbon fiber skin on the roof and the wing. Even though extensive details about the Tokyo Edition LFA have not yet been released, somehow the pricing premium was – the model is rumored to be another $54,445 or so more than a standard LFA. For that premium, we better hope it’s more than just a lack of paint the Tokyo Edition LFA will be sporting.

[Source: CAR]

A slap in the face to internet bench racers everywhere, Lexus has confirmed its 7:14.64 Nurburgring lap time. Whether or not this is the new production car record is up for some debate, but the LFA is certainly one of the leaders with the only other cars to post quicker times being obscure models like the Gumpert Apollo, or the Radical, which isn’t street legal in many countries. True, Lexus may only have built 500 LFAs and just 50 of these custom are Nurburgring edition models (like the record setting car), however, unlike those cars, the limited number of cars isn’t as a result of a lack of demand or production capability by the automaker.

Powered by the same 4.8-liter V10 engine as the “regular” LFA, the Nurburgring Edition makes 10 more horsepower for a total of 562-hp. Suspension and aerodynamic upgrades are also included. Priced at $70,000 more than the already expensive $375,000 model, just 50 of the 500 LFA models will be Nurburgring editions.

The previous non-obscure record holder was the Porsche GT2 RS.

Watch the proof after the jump:

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Having had the opportunity to experience Lexus‘ LFA firsthand, we can attest to its freakish performance and elegant handling all wrapped in a luxurious package. While its price tag has drawn criticism, it’s certainly not unheard of in the exotic segment and so EVO Magazine decided to compare (very expensive) apples to apples, pitting the Japanese supercar against  Ferrari‘s 599 GTO – both vehicles with MSRPs just barely under the $400,000 mark. The result may be surprising to some, with EVO giving their nod to the LFA despite the 599 GTO’s quicker 0-60 time and higher top speed.

It goes without saying that no true auto enthusiast should judge a car simply by its acceleration and top speed, but the 599 GTO clocked a 0-60 time in just 3.8 seconds while the LFA was a solid few ticks behind at 4.2. The LFA’s top speed was recorded at 179-mph while the GTO easily outpaced it at 193-mph. But the article goes way beyond that, with EVO coming to the conclusion that Lexus now has a vehicle that tops Italy’s finest.

“What marks out the LFA for particular praise is its bravery and originality;” says EVO, “for Lexus to create such a car from scratch, with no evolutionary engineering or existing bias from which to work, is a remarkable achievement. Innovative, extreme, immaculately executed and exquisite to drive, it’s the greatest high-performance car Japan has ever produced.”

“Get hung up on the badge and you’ll be blind to its magic. Revel in its rarity, its rare abilities and the fact we’re unlikely to see its like again and you’ll understand why the LFA is one of the greats, and why this test ends with three unexpected, hard-won and thoroughly deserved words: Lexus beats Ferrari.”

Check out a video of EVO Magazine comparing the two cars after the jump.

[Source: Lexus Enthusiast]

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Kyle Busch might be firmly behind the wheel of the NASCAR points race, but off the race track he’s riding shotgun. That’s because an Indiana judge has just suspended the racer driver’s license, after he was busted back in May, at 128-mph in a 45 zone.

Busch had his license revoked for 45 days, in addition to a $1,000 fine, as well as a sentence that included a one year unsupervised probation. The NASCAR star had pleaded guilty to the speeding charged and “no contest” to reckless driving charges.

A contrite Busch apologized to the judge and to the media gathered outside the Iredell County Courtroom, while thanking those who have stood by him.

A driver for Toyota, the car Busch was caught speeding in was the first ever exotic, built by the Japanese automaker’s Lexus luxury division. Priced at $375,000 the bright yellow Lexus LFA makes 560-hp and is capable of a top speed of 202-mph!

[Source: WECT]

Rumors are brewing that the Lexus LF-A Roadster Concept we saw debut back in 2008 may head to production, debuting in 2014. Reports are coming in that once the first batch of 500 LFAs are completed, there will be a one-year break before the LFA Roadster becomes available, possibly in mid-2014.

It would appear that the production LFA Roadster will have the same 4.8L V10 powerplant that the LFA currently has, pushing 560-hp and 354 lb-ft of torque. The original concept from 2008 did feature a speed adaptive rear wing. It will be interesting to see if the LFA sales pick up enough for Lexus to warrant a convertible variant and whether or not there are enough consumers to be interested in purchasing one.

GALLERY: Lexus LF-A Roadster

[Source: GT Spirit]