The Z had been designed to compete with the Porsche Boxster/Cayman's larger engine option for the last 2 generations at least.
In 2003 Boxster had 266hp, 350z 287. 2006 Boxster/Cayman's had 280/295hp and the 350z HR got 306hp. In 2009 Boxster/Cayman got a bump to 310/320hp. The 370z released with 332hp. I think there is a trend here, and currently the Boxster/Cayman have 326/345hp so if the trend continues to compete with the Porsche than the next Z will have over 350hp. However, a lot has changed in the last few years with the frs/brz release, CAFE compliance, and news from Nakamura that the next Z would be lighter, smaller and appeal to a wider audience. If Nissan does decide on two engine options they may compete with the frs/brz and the Cayman with the larger option. For me, I hope Nissan continues to compete with the Boxster/Cayman with the smaller engine option and compete with the V8's with the larger option.
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