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My thinking of why it may not be based off the Yaris platform is because Toyota already has a collaboration with Mazda, the Scion iA. That is a rebadged Mazda2 sedan. Why spend money to engineer a car when you can just "borrow" a partner's?
Furthermore, the curb weight of an ND Miata is 2,332 for the manual. Curb weight for a current Yaris is around 2,315. So between all of this, it just makes more sense that Toyota would just use the Miata platform. Engine wise, I'm really thinking it's either the 1.5l out of the Scion iA/Mazda2 or the EDM MX-5, or the 1.8l out of the current USDM Corolla/Scion iM since the rumors are it'll have around 130 hp.
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