The Toyota TS040 Hybrid is a Le Mans Prototype 1 (LMP1) sports car built and used by Toyota Motorsport GmbH in the 2014 and 2015 seasons of the FIA World Endurance Championship. Work on the car's design began in November 2012, when the Automobile Club de l'Ouest (ACO) published its 2014 technical regulations and Toyota utilised its resources after the 2013 24 Hours of Le Mans. The car is an aerodynamic improvement on its predecessor, the TS030 Hybrid, and its design allowed four-wheel drive. It has two kinetic energy recovery system (KERS) regenerative-braking devices at the front and rear axles to charge a supercapacitor and, in accordance with the 2014 regulations, was placed in the 6 MJ (1.7 kWh) class. The TS040's engine was carried over from the TS030; its displacement was increased from 3.4 L (210 cu in) to 3.7 L (230 cu in) for better efficiency, producing 513 horsepower (383 kW) to the rear wheels.

Toyota Gazoo Racing Europe GmbH (TGR-E) is an automotive engineering and motorsport services facility based in Cologne, Germany. It is fully-owned and controlled by Toyota Motor Corporation.