Apologies if already referred to.
https://www.carthrottle.com/post/the-mr2-and-celica-could-return-in-toyotas-sports-car-offensive/
I think most of that is already well known but some may not have seen it already.
Interesting comment though:
Quotewe'd expect it to be more like the second-generation car, as opposed to the low-cost, low-powered third-gen machine.
Surely a GT86 convertible would fit more in the MK2 space (engine position ignored) so a MK3 successor would make more sense to me. I suppose if they made it a hybrid then price point would put it up in the middle.