The FT86 is still on the drawing boards but it will take the spotlight in a concept form at the Tokyo Auto show later this month. The lines of the FT86 will be very similar to the Lexus IS-F and will take shape as a 2+2 sports car.

Toyota has decided to use a four cylinder 2.0L engine from Subaru. The configuration of the powerplant will be for a rear drive vehicle instead of the usual Subaru all wheel drive configuration. The engine will be coupled with a six-speed transmission on manual.

The naturally aspirated power train was chosen for the concept to keep costs in control and manage the weight of the vehicle properly. The design will also focus on keeping the center of gravity balanced and low. According to some reliable sources, the FT86 will have a very good handling and smooth acceleration.

The concept vehicle is schedule to be on sale before the end of 2011 in Japan. The sticker price is forecasted to start at around $25,000. Between today and the production date, much of the styling and engine output will be changed drastically.

The FT86 might provide the spark in the Toyota line up as the sports car market misses rides like the Supra, MR2, and Celica.