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The Lexus 2054 was a concept car designed for the 2002 Steven Spielberg film Minority Report. The vehicle was shown being built at an automated factory in the film, and later driven by star Tom Cruise. The vehicle was used as a getaway vehicle in several action sequences.  In 2002, Lexus was requested by Steven Spielberg, a Lexus owner himself, to design a vehicle that would fit the requirements of year 2054 for his movie adaptation of the Philip K. Dick short story Minority Report.

On 6 December 2006, Lexus officially confirmed the existence of a high-performance variant of the second generation IS which they called IS F in a press release. The IS F sedan premiered at the 2007 North American International Auto Show on 8 January 2007 as the launch product of Lexus’ F marque lineup of performance-focused vehicles. The vehicle features a 5.0 L direct-injected V8 producing 416 SAE hp (423 PS, 311 kW) at 6,600 rpm, while peak torque is 371 ft·lbf (503 N·m) at 5,200 rpm. The engine also features a two-stage intake system, engine oil and transmission fluid coolers and an oil pump designed for high-speed cornering. Images were leaked a couple of hours before the official announcement.