Last week reports starting circulating about the 2021 Lexus IS. While an all-new IS isn’t coming soon, the 2021 IS is slated to get a big refresh. Now a new report claims that Lexus is preparing a V8-powered IS, but it won’t be called the IS F.

allcarnews is reporting on Instagram, that the refreshed 2021 IS is going to introduce a new version called the IS 500. If the report is accurate, the 2021 IS 500 will be powered by a naturally-aspirated V8. But, it was reported last week that the IS 500 may get the same twin-turbocharged V6 as the LS 500.

For some reason it’s not going to be called the IS F, but if the IS 500 does get the 5.0-liter V8 it will be powered by the same engine as the RC F, where it generates 472 horsepower.

https://www.instagram.com/p/CAVrjk9BE8E/?utm_source=ig_web_copy_link

Lexus hasn’t made any announcements about the 2021 Lexus IS, so we’ll have to wait and see if the IS 500 is actually coming and if it will get a V6 or the old-school 5.0-liter V8.