If you've been following the hubbub and ballyhoo around the development of Toyota's next rear-drive coupe, code-named the FT-86 and rumored to be called the FR-S in production, you're aware of its on-again, off-again, it's coming, but we don't know exactly when or what, path. The latest news spins things around once again, with a logo using the 86 name and a stylized boxer engine theme.

The new logo was uncovered by Car and Driver, and shows a pair of horizontally opposed pistons flanking a circular "86" emblem. The 86, for those not in the know, refers to the FT-86/FR-S's spiritual predecessor, the AE86 Corolla Levin/Trueno, a rear-drive coupe/hatch popular with enthusiasts to this day.

So what does this mean for the FT-86's production reality? If the logo proves to be the real deal, it means the FR-S name is almost certainly out, and some variant using 86 is in. As for the car itself, we're still waiting on a debut, expected sometime late next year for 2012 sale.

[Car and Driver]