BMW and Toyota’s plans to jointly develop a “mid-size sports car platform” to spawn replacements for their respective Z4 and Supra models. Today we have our first spy shots of a prototype for the BMW, which we’re expecting to be called a Z5.

Look for a debut of the BMW Z5 in late 2017 or early 2018. It’s too early to talk pricing but expect a premium on the $50k starting price of the Z4. The good news is that the high positioning should also pave way for a new entry-level sports car in BMW’s lineup, a model rumored to be called the Z2.