Audi currently offers two sports cars in its lineup: the TT and the R8. To fill the gap between the two models the company was planning to unveil the R5 (also known as the R4), but that model has been dropped. New rumors suggest that the next TT will move upmarket to put it closer to R8.
During the 2013 Detroit Auto Show, Audi chief designer Wolfgang Egger confirmed that the next TT will be "a sharper, far more angular vehicle" and will introduce Audi’s new design strategy. According to Wolfgang this new design strategy will include "more-angular lines and more-daring headlight styling." All of this new styling lends to the possibility of the TT moving upward in price and quality, thereby closing that Grand Canyon-like gap between it and the R8.
The next TT will be built on the company’s new MQB modular-transversal architecture and will be offered with a five-cylinder engine offered in several power levels, with the most powerful one being of course the TT RS, which will deliver up to 400 horsepower.
The next Audi TT is expected to be unveiled sometime in 2014.