Rumor has it the famed Audi R8 isn't gone for good, after all. Apparently sharing its underpinnings with the Lamborghini Temerario, we envision what it could look like.

The newest two-seater continues Audi’s successful supercar alliance with Volkswagen Group’s sibling Lamborghini. The partnership, beginning in 2006 with the R8 and the Gallardo, continues in a fresh phase with the upcoming R8,

The future of the Audi R8 will not involve a V-10, but it will also not be a fully electric supercar, as the latest developments prompted Audi to backtrack on its electrification strategy.

Autocar claims to have knowledge that engineering on the vehicle is officially underway with the backing of Audi chairman Gernot Döllner. The details are theoretically similar in scope to the two previous generations of R8: take the important bits from Lamborghini; temper its character into something more Germanic; and wrap it all in Audi styling.

Audi is set to reintroduce its R8 supercar, reimagined as a plug-in hybrid and scheduled to debut in 2027. This next-generation R8 will draw heavily from the Lamborghini Temerario, signaling a robust continuation of Audi’s collaboration with Lamborghini under the Volkswagen Group umbrella.

Rumor has it the famed Audi R8 isn't gone for good, after all. Apparently sharing its underpinnings with the Lamborghini Temerario, we envision what it could look like.

Buckle up, everyone, because the Audi R8 is ready to ride back into our lives and it's about to send shockwaves through the world of supercars. Audi is serving us some great news after they “mourned” the R8's V10 engine,