Since the remake of The Italian Job came out in 2003, speculation has been that there would be a sequel, which has to this point been referred to as The Brazilian Job.  Related to this, there has also been speculation that the sequel may not feature the MINI Cooper.

This morning, Seth Green (member of the 2003 Italian Job cast) was on Los Angeles radio station KROQ and said that in the latest rewrite of the script, the location of the movie was now London, not Rio de Janeiro.   While no mention of MINI was made in the exchange, it would still appear to offer some hope for MINI fans.