Here's an indication that the Supra is about to make a comeback.

Recently the Japanese auto company revealed the Toyota FT-1 Concept at the Detroit Motor Show, a model that pundits say could be the precursor to a next generation of the Supra.

The clearest indication came week as Toyota Motor Corporation has filed an application with the U.S. Patent and Trademark Office, thereby renewing their 2010 rights to use the name 'Supra'. According to The Motor Report, Toyota’s original application, which was submitted in 1979, had expired in 2006. In 2010, the automaker renewed their rights to the name.

Toyota has confirmed that they are co-developing a new sports car with BMW, but there is no official information that the joint venture of the two companies has anything to do with Japanese high performance car.

The last time a car bearing the name 'Supra' rolled off of a Toyota factory was in 2002, effectively ending a line that began in 1978. The last generation of the Toyota Supra (the Mark IV) has gained a cult status amongst enthusiasts, having been powered by the powerful 2JZ-GTE inline-6 turbo engine that developed 280 PS for JDM models and upwards of 320 PS for export outside of Japan.

Source: The Motor Report