Filed under: Concept Cars , Convertible , Hybrid , Europe , Technology , Toyota Toyota GRMN Hybrid Concept II – Click above for high-res image Toyota is set to pull the sheets back on a new convertible sports hybrid at this year’s Nurburgring 24-Hour endurance race. Co-developed by Gazoo Racing , the GRMN Hybrid Concept II is a slightly updated version of the concept that Toyota displayed at the 2010 Tokyo Auto Salon . With its gasoline engine mounted mid-ship and a hybrid all-wheel-drive system, the GRMN should deliver drivers plenty of grip and excellent balance as well. Total combined output sits at 295 horsepower, with 245 ponies coming from the gasoline V6 and another 50 arriving via an electric motor. That motor supplies power to the two front wheels only. The automaker says the machine weighs in at less than 3,300 lbs, though there’s no indication as to what sort of fuel economy to expect from the drop-head. So, when can you buy one? We wouldn’t hold our breath. With its wild looks and pricey all-wheel-drive system, it’ll be a cold day in Toyota City before the GRMN lands on dealer lots. Hit the jump for the press release.