Rumors of a Toyota Supra revival have been circulating for years, but engineer Tetsuya Tada has confirmed Toyota President Akio Toyoda has asked him to "make a successor to the Supra as soon as possible."

Speaking with Asia One, Tada said the company has approved two new sports cars which will be positioned above and below the GT 86. Tada already confirmed one of them will be the Supra revival, but the other remains a bit of a mystery. 

A timetable hasn't been set, but Tada said "The GT 86 needed five years to develop, so at least five years is required for the others." The Supra successor will take priority, so the entry-level sports car is likely a ways off.

Supra might be developed in partnership with Tesla and could then be an all-electric sports car.