It's been in the works for two years, and now the mythical replacement for the Toyota Corolla sports coupe is here. In concept form, it bows at the 2009 Tokyo Motor Show as the Toyota FT-86 concept.
The love child of a Subaru Impreza chassis, minus its all-wheel-drive system, and a Toyota body, the FT-86 is a 2+2 coupe with handsome proportions and clear styling links to Toyota's FT-HS concept coupe from the 2007 Tokyo show.
It's a Subaru chassis, and for power Toyota's chosen a 2.0-liter flat four-cylinder from Subaru, too. The naturally aspirated version of Subaru's turbo four puts its estimated 200 hp to the rear wheels, via a six-speed manual transmission. Toyota says they chose the naturally aspirated version of this 2.0-liter boxer engine to keep weight and costs down---while maintaining a low and balanced center of gravity.
Rumor suggests the FT-86 will go on sale as a 2011 model in Japan, with U.S. plans uncertain. A base price of $25,000 has been suggested, putting the coupe squarely in the niche left behind by the long-gone Toyota MR2, Celica and the older versions of the Supra.
MORE: Stay tuned for High Gear Media's coverage from the 2009 Tokyo Motor Show