The latest rumor launched by Australian Motoring publication claims that the result of their collaboration will be a successor to the current LFA.
Citing an unknown source within BMW and Toyota, the mag reports that a supercar project has already received the green light from both boards of directors and will enter into the development phase.
After more than two years, BMW and Toyota signed a partnership, and details of the agreement between the two companies were revealed along the way.
Beside the exchange of engines between them, BMW and Toyota are reportedly planning to work on a model shrouded in mystery.
A car model of this sort would enter a fierce competition with the Mercedes SLS AMG or the Honda NSX.