DragStar F1 Dragon is a Lesson in what not to do to a Toyota MR-2

Unless you take a peek at the interior, there's no way you'll be able to recognize the Toyota MR-2 hiding under the exaggerated Ferrari Testarossa-style strakes of this Japanese creation (or is that abomination?). Crafted by Value Progress, the Dragstar F1 Dragon is built on a third generation Toyota MR-2 and despite the extra-long nose, it keeps the donor car's mid-engine layout intact.

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Toyota MR2 Turned into Ferrari F430 Replica Showcased at Meeting Alongside the Real Thing

This isn't the first time we've seen a Toyota MR2 dressed up as something else, in this case a Ferrari F430 Spider, but the story here is that the owner of the replica took it to a classic / sports car meeting of some sorts in The Netherlands parking it close to the real Italian deal. Talk about having faith in your creation... See all the pictures after the break.

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Toyota MR2 Dressed Up as a Gumpert Apollo

We came across this Gumpert Apollo replica that's based on a second generation Toyota MR2 (1990-1999) on eBay. While the original mid-engined Apollo supercar gets an Audi-sourced 4.2-liter, twin-turbo V8 with 650HP or an insane 800HP in Sport form, the Toyota-based replica makes do with a modified version of the Japanese sports car's four-cylinder turbo engine, with the seller claiming it yields "255 WHP at 15psi and 303 WHP at around 19psi" on the dyno. Hit the 'read more' button below for the full image gallery.

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Toyota Unveils MR2 Sports Hybrid Concept, Combines 3.3-liter V6 and Electric Motor for 400HP

It may only be a concept for now, but Toyota's GRMN MR2 Sports Hybrid study that was unveiled today at the Tokyo Auto Salon may very well form the technological base for a similar production sports car in the very near future, according to reports from Japan.

Developed in cooperation with Toyota's racing and tuning partner Gazoo, the concept is a two-seater, all-wheel drive hybrid sports car based on a modified version of the platform used in the now obsolete MR2 roadster.

Underneath its widened body, the MR2 concept gets a mid-mounted 3.3-liter V6 petrol engine that drives the rear wheels and the company's THSII hybrid system with the electric motor propelling the front wheels.

The combined output of the hybrid system and petrol engine is estimated to be in the range of 400 horsepower

Power is transferred to the wheels through a continuously variable transmission (CVT) with paddle shifts.

Toyota did not release any performance figures, but if you take into consideration that the 400HP plus roadster tips the scales at just 1,300 kg or 2,866 pounds (official data), this pocket rocket promises to be nothing less than fast.

Toyota to Revive MR2 as Hybrid Competitor to Honda CR-Z? Japanese Magazine Believes So

Ever since Honda announced the CR-Z hybrid sports coupe, there have been rumors going around about the possibility of a corresponding Toyota model. Just to make it clear, we haven't heard anything official, but Japan's Best Car magazine is reporting/speculating/imagining (take your pick) that Toyota may revive the MR2 as a hybrid model called the MR-S to compete with Honda's CR-Z coupe that will go on sale in 2010.

We'll have to wait until some of our Japanese-fluent readers give us all the details from the article, but from what we gather, the MR-S would probably use a specially developed version of the Toyota Prius' hybrid powertrain.

The magazine's article is accompanied by an artist's impression on how the MR-S could like. Judging by the air-inlets at the back, the proposed MR-S most likely features a mid-engine, rear-wheel drive layout.

If true, this would make the MR-S a sportier proposal than the front-wheel drive CR-Z.

As we said before, there's nothing official about the existence of such a model, but we can't say that it sounds improbable for Toyota to develop a second sports car after the FT-86, especially if it's a smaller, lightweight hybrid.

Source: Best Car