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The 2026 Toyota MR2: Everything You Need to Know

toyota sports ev conceptToyota

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The 2026 Toyota MR2: Everything You Need to Know

A mid-engine legend could be returning very soon.

Toyota has been fleshing out its sports car lineup. The brand sells the GR Supra coupe and GR Corolla hatchback in America and kept the GR86 in production for a second generation. And if Japanese reports are correct, Toyota may not be finished.

Toyota is reportedly plotting a revival of its mid-engine MR2 sports car, which was last sold in America in 2005. Here’s what we know so far.

What engine will the new Toyota MR2 have?

According to Best Car in Japan, Toyota should give the new MR2 the same 1.6-liter inline-three that powers the GR Yaris and the GR Corolla. The report says the MR2 could pack up to 316 horsepower and 304 lb-ft of torque, which would be a bit more potent than the GR Corolla Morizo. And the MR2 would be available with either a six-speed manual or an eight-speed automatic.

Hemmings believes Toyota could offer a hybrid variant as well. The vehicle would be distinct from the “high-performance sports BEV” Toyota previewed in 2023 that could arrive later.

toyota ft-se sports car concept with computer generated background
Toyota’s FT-Se concept from 2023 may herald a future electric sports car rather that arrives after the new MR2.

The new MR2 should use a rear mid-engine layout

Best Car says the new MR2 will be a low-slung sports car with a “surprisingly tall” A-pillar. It should have a rear mid-engine layout like its predecessor. The report says Toyota is still considering two body styles for it. One “two-decked” option would look more like the first MR2 with a distinct trunk area. The other would look more like a Porsche 718 Cayman. The estimated weight of the vehicle is 2,866 pounds.

When will the new Toyota MR2 arrive?

Best Car estimates a release date of 2026 for the new MR2. We don’t know yet whether it will be launched in America. Automotive News does not have an MR2 listed in its future product pipeline for Toyota.

How much will the Toyota MR2 cost?

Best Car estimates the new Toyota MR2 will cost between 10 and 11 million yen, which is between $65,000 and $73,000 at the present exchange rate. However, American pricing, if it arrives here, could be different.


Toyota MR2

Toyota is reportedly developing a new mid-engine MR2 sports car to launch in 2026. It could pack the potent three-cylinder from the GR Corolla.


Powertrain Turbocharged 1.6-liter I3
Horsepower 316 (estimated)
Torque 304 (estimated)
Seats 2


  • Mid-engine layout for great handling


  • No word yet on whether it’s coming to America

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