Toyota plans to launch a TMG sub-brand, named after Toyota Motorsport GmbH, which will include models from Toyota and Lexus.
“After we stopped Formula One [involvement] we decided several things. One of these things is to to become a [Mercedes] AMG-type company; we are now trying [to make it happen]. How feasible [it will be] I don’t know. But we are in a very good position,” TMG president Yoshiaki Kinoshita said.
In 2009, after Toyota gave up F1, its facility based in Cologne, Germany, shrunk to 200 employees from the initial 800. Although the team at Toyota Motorsports GmbH was considerably smaller, it managed to carry on important projects such as building Yaris-based S2000 rally cars for customer teams, creating Toyota’s electric race car program and developing the TS030 Hybrid Le Mans prototypes.
Since 2011 TMG has continuously tested a Lexus LS sedan that features a twin-turbocharged V-8 engine, offering 650 horsepower. Initially a concept for testing purposes, the model might become a TMG-tuned version of the luxury sedan, a possible rival for the Mercedes-Benz S63 AMG and BMW M7. Besides the high-performance engine, the car also has wider tracks front and rear, sports-tuned suspension and an aggressive bodykit. The concept is expected to be made public in September at the Essen Motor Show in Germany.