Toyota's lawyers made a little mistake as they let the company's ownership of the Supra name expire according to a recent report.

Supra sports car fans do not need to worry - Toyota has applied for the trademark after a four-year lapse.

While this may not mean anything, as companies routinely protect names they've previously used, it wouldn't be surprising if Toyota decided to place the Supra label on the production version of the FT-86 concept car.

This is speculation, but it seems like a logical choice given the FT-86 is scheduled to launch in November 2011. If we want to be optimistic, Toyota could be preparing another sports car - like the FT-HS concept - for a Supra revival.

It has been two and a half years since the initial plans were revealed, and fans are still waiting for a new Toyota super car. However, the wait may soon be over as reports are indicating Toyota is preparing to launch a Supra revival in 2011.

While details are still limited, several sources are suggesting the rear-wheel drive sports car will be offered with a 3.5-liter V6 engine and the Lexus GS450h's 2GR-VSE 3.5-liter V6 which will be paired with the Toyota's Crown hybrid system.

While the current 3.5-liter V6 only produces 268 horsepower and 248 lb-ft or torque, the hybrid system could enable the Lexus' V6 to produce more than 400 hp.

Stay up to date on all the latest Toyota models at R & H Toyota - 9801 Reisterstown Road - Owings Mills, MD 21117.

source: http://www.worldcarfans.com/110080227704/toyota-applies-for-second-trademark-on-supra-name
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