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At the ongoing Australian International Motor Show in Sydney, the same show where Australian sportscar-maker Elfin took the wraps off its new Type 5 Clubman, Lexus unveiled a new version of its IS 250 sports sedan called the Sports Concept.

So what, you ask is the Lexus IS 250 Sports Concept? Think of it as IS F-light, but not quite as light on substance as appearance packages from its German rivals (think Audi S-line or Mercedes AMG sport packages). The show car has been outfitted with 19″ wheels hiding cross-drilled two-piece rotors clamped by six-pot calipers up front and four-pots in the rear, painted trademark Lexus F blue. It also sports Billstein shocks and springs; sway bars and chassis braces; an enlarged air intake and cat-back exhaust; a new clutch and short-shift kit; a carbon fiber engine cover and an assortment of spoilers and skirts.

In short, what we’re looking at is an IS F, only without the 5-liter V8. The revised breathing systems squeeze out a modest 1.5 percent increase in output from the 2.5-liter V6 for a total of about 213hp. The add-ons are currently being considered for the Australian market, but we’re sure there are plenty of fans of the IS F on this side of the globe who don’t need to hit 60 in the fours and wouldn’t mind a more affordable alternative given the current economic climate.

The introduction of the IS F proved that Lexus was serious about taking on its Germanic counterparts, but it’s taking another page out of the BMW and Audi playbook by beginning to offer a high-performance driving experience to prospective owners. The Lexus Performance Driving Academy has announced dates and locations for 2008, giving attendees a choice of two courses to suit their needs and pocketbooks.

The first course consists of a two-hour session that puts you behind the wheel of the IS250, IS350, GS460, GS450h and the IS F. These basic sessions are available on Saturday and Sunday and here’s the kicker: it’s free. If you’re willing to take a Friday off, you can upgrade to the “Ultimate” session that puts you behind the wheel of the IS F for a half-day, and includes your basic chalk talk (racing lines, grip dynamics, etc.), a team time attack, timed autocross session and a lead/follow exercise around the racetrack. Not a bad deal for $295.

Four tracks are available, including the Autobahn Circuit in Joliet, Illinois; the Auto Club Speedway in Fontana, California; the Summit Point Motorsports Park in West Virginia; and the Atlanta Motor Speedway, in Hampton, Georgia. You can head over to the Lexus Performance Driving Academy website for all the details.

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It’s tough to top Top Gear (as Gear producers are about to find out), but until Clarkson, Hamster and Captain Slow get back on schedule, the crew at WebRidesTV is back to cure our insatiable lust for all things automotive and in motion. Sure, it doesn’t have TG’s production value, but everything looks cooler with heavy vignetting.

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