Filed under: Hybrid , Performance , BMW , Toyota , Luxury BMW and Toyota inked a partnership some time ago to develop green technology, and while we were excited by the idea of a reborn Supra with BMW’s carbon fiber reinforced plastic slashing the curb weight or an ultra-efficient, hybridized 1 Series, the joint efforts have been rather limited. That’s set to change, though, according to a report from Australia. Motoring reports that the partners have come to terms on a sports car. And not just any sports car, but a lightweight, hybridized model, with a six-figure price tag. Lending a bit of street cred to that idea is the site’s claim that Toyota is currently carrying out durability testing on the BMW i8 . According to the site, the new model will slot into the spot left by the Lexus LFA , although based on the language used, it’s unclear if this is the Tokyo-bound vehicle we mentioned several months ago . Details on this potential car are limited, although Motoring claims it will use a Toyota hybrid system mated up to a BMW gas engine – likely the 4.4-liter, twin-turbo V8 found in the M5 and M6 . That sounds pretty amazing to us, but we’d still advise taking this with a grain of salt. What would you like to see out of a joint-venture supercar from Toyota and BMW? Let us know in Comments, and have your say on the prospects of a hybridized, twin-turbocharged V8.