And the moment we’ve all been waiting for: Lexus finally joins in on the super-fast luxury compact sedan craze that began with the German trio (BMW M3, Audi RS4 and Mercedes C-Class AMG) followed by the American loner, the Cadillac CTS-V. Dubbed IS-F, Lexus’s sport sedan wears a 400 Hp+ 5.0-litre V8 engine with power transmitted to the rear wheels via an eight-speed “direct sport-shift transmission”. Lexus claims that the IS-F can go from 0 to 60 mph in under 4.9 seconds. Not bad at all. If only its designers had avoided those “Pimp my Ride” exterior elements like the side air-vents and the “hunchback” styled hood…-Continued: Click “Read More…” below to see the official press release and a high-res gallery