Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Motor1
Motor1
Sport
Chris Perkins

Mazda Nearly Built a New RX-7. The 2008 Financial Crisis Killed It

Since its cancellation in 2002, the world has longed for a new Mazda RX-7. Mazda itself wanted one, too, twinned with the fourth-generation Miata, but the 2008 financial crisis put plans on ice.

Motor1 spoke with Nobuhiro Yamamoto, the recently retired former project manager for the ND-generation Miata, for a larger future project. But this tidbit is interesting enough to break out into its own story. While the ND debuted in 2015, riding on a platform shared with no other Mazda models, things were supposed to be different.

“After the NC [Miata] was released in 2005, in 2007… I was put in charge of the new [front-engine, rear-drive] platform development,” Yamamoto says through an interpreter. “At that time, we weren’t looking at developing one car, we were looking at developing two cars, the MX-5 and an RX-7.”

The collapse of Lehman Brothers in 2008 and the subsequent global recession forced Mazda—like so many other automakers—to reevaluate. The idea was for a fourth-generation Miata to arrive in 2012, but in the wake of the financial crisis, Mazda decided to delay the car to 2015 and cancel the fourth-gen RX-7 entirely.

Given the timeline, it’s likely Mazda didn’t get too far on this new RX-7. It’s also interesting that it chose to revive this car instead of continuing with the RX-8. While a successor of sorts to the RX-7, the RX-8 was a lower-powered, less-hardcore sports car than the third-generation RX-7 built from 1991 to 2002. 

Yamamoto-san once told Australian publication Carsguide “[o]ur dream is an RX-7, not an RX-8. Customers want an RX-7.”

Incidentally, Yamamoto-san was also the chief engineer of the FD RX-7, a project he came to shortly after working on Mazda’s legendary four-rotor race engine, which famously powered the 787B to victory at Le Mans in 1991. 

While many pine for the RX-7’s return—it is one of the most iconic sports cars of all time—the fourth-generation’s cancellation might have led Mazda to invest more heavily in the Miata. Without the need to share components across cars of different sizes and performance levels, Yamamoto-san’s team could focus on making the best Miata possible, and the resulting car is a pure distillation of what Mazda’s roadster is all about. Contrast this with the NC Miata, which is a fine car, but one which shared many components with the larger RX-8. As a result, the NC was the largest and heaviest Miata.

In the years since, Mazda has hinted at a new RX-7, stoking the flames with the RX-Vision concept of 2015 and last year’s Iconic SP concept. The automaker has also stuck with rotary engine development, even putting it back into production as a range extender for the MX-30 EV. Yet the automaker has never confirmed development of a new RX-7. It’s a perennial pipe dream. Yet one that was a little closer to reality than many realized.  

Get the best news, reviews, columns, and more delivered straight to your inbox, daily.
For more information, read our
Privacy Policy and Terms of Use.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.