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Tony O'Kane | Aug, 10 2014 | 3 Comments

A successor to the LFA supercar is part of Lexus' long-term product plan, but according to the Japanese luxury automaker it could be up to 30 years before it hits the showrooms.

Speaking to Bloomberg, Lexus Executive Vice President Mark Templin said that another Lexus-badged supercar was not out of the question, and that company President Akio Toyoda approved of the idea.

“Akio believes that every generation deserves to have a car like an LFA, so we’re building an LFA for the generation we have today", Templin said.

However, according to a Lexus spokesperson an LFA replacement is not currently under development, and a true successor to the LFA could be as much as 30 years in the future.

So while other luxury carmakers such as Mercedes-Benz plan to make supercars a regular part of their stables, the trotting out of a Lexus supercar could very well be a once-in-a-lifetime event for some.

Why? The high cost of developing a supercar could be the reason, as well as the much lengthier development cycle involved in creating a cutting-edge performance car.

The LFA's gestation took almost nine years, and with only 500 built it was a loss-maker for Lexus.

Selling more cars would have helped make more money, but at the expense of the exclusivity that makes supercars like the LFA so highly sought-after.

Only 10 LFAs made it to Australian shores, and each wore a price tag of $750,000. We drove one of them, and it was incredible.

But all is not lost for Lexus fans, as the brand is reportedly developing a production version of the sexy LF-LC concept (below), with a projected debut sometime in 2017.

Expected to be powered by a version of the RC F's 5.0 litre V8 combined with an electric motor and 10-speed gearbox, the LF-LC is also expected to wear an SC or SC F badge on its bootlid.

The sleek styling of the concept will likely remain intact, too.

MORE: Lexus News and Reviews

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