Well kids, you have been waiting years to hear about an all new Supra – the coupe that’s been butchered by suburban white kids world wide. Now, your time has come. After much speculation Toyota announced this week they will go forward with 2011 Supra production!

According to Autoblog: While details are still limited, several sources are suggesting the rear-wheel drive sports car will be offered with a 3.5-liter V6 and the Lexus GS450h’s 2GR-VSE 3.5-liter V6 which will be paired with the Toyota’s Crown hybrid system. While the current 3.5-liter V6 only produces 268 hp and 248 lb-ft or torque, the Crown’s hybrid system could enable the Lexus’ V6 to produce more than 400 hp.

Let’s hope the inventor of everyone’s favorite (sarcasm) Dragon Supra will take his artistic abilities to the 2011 model. Just make sure Nick Hogan doesn’t get his hands on one.