Toyota plans to launch a TMG sub-brand, named after Toyota Motorsport GmbH, which will include models from Toyota and Lexus.

    “After we stopped Formula One [involvement] we decided several things. One of these things is to to become a [Mercedes] AMG-type company; we are now trying [to make it happen]. How feasible [it will be] I don’t know. But we are in a very good position,” TMG president Yoshiaki Kinoshita said.

In 2009, after Toyota gave up F1, its facility based in Cologne, Germany, shrunk to 200 employees from the initial 800. Although the team at Toyota Motorsports GmbH was considerably smaller, it managed to carry on important projects such as building Yaris-based S2000 rally cars for customer teams, creating Toyota’s electric race car program and developing the TS030 Hybrid Le Mans prototypes.

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Toyota Wants To A Performance Brand - What Will They Have To Do To Make TMG Like AMG?

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