The Audi R2 is a high-performance two-seater cabriolet and is being developed with sister company VW.

The engine line-up is to include a mix of 2.0-litre four cylinder and 2.5-litre five-cylinder turbocharged petrol units. A diesel version is being considered, but it’s not likely to be offered from launch.

All R2 models will offer a choice between six-speed manual and seven-ratio R tronic semi-automatic gearboxes.

The performance of this new Audi sports car should be fantastic, with power outputs ranging from 200bhp to a spectacular 380bhp.

The Audi R2 continues to develop the company’s successful design theme as the tail-lamps of the new car will be sculpted to mimic the Q of its famous Quattro badge.

Inside, the high-quality cabin is likely to share much of its equipment with the BlueSport. That means an enormous touchscreen cabin control set-up, as well as lightweight sports seats.

As well as this, a clever heating system inspired by the innovative ‘headscarf’ system offered in Mercedes’ SLK is integrated into the seatbacks.

The Audi R2 is expected to be launched in 2012, with a starting price of around £30,000.