We've seen the Toyota FT-86 for a couple of weeks, carefully dissected the delicious, metallic red sports car in any way we can, but now we've actually seen it in the flesh and Toyota's got some serious hotness here.

The first sketch of the Subaru version of the Toyota FT-86 came out a year-and-a-half ago, but now we get more than just a look at its hiney in these leaked-straight-from-Japan sketches.

Chief engineer of Toyota's FT-86 concept to AutoWeek, on the shade of red chosen to distinguish the spiritual successor to the AE86 from other sports cars. [AutoWeek via NYTimes]

The Toyota FT-86 Concept is an exciting step forward for the vanilla automaker, blending cues from the past (the Toyota AE86) with hints of ToMoCo future. We dissect the design below to see how they've accomplished this delicate feat.

A joint Toyota/Subaru sports car project has been in the works for what feels like forever. Now, finally, here's the first look, a heavily production-based concept called the Toyota FT-86 set to debut this month at the Tokyo Motor Show.