"Using a highly developed version of the latest M5 & M6 V10 5.0 litre 500Bhp engines, increased by another 50cc's could make the new V10 capable of developing 550Bhp. Using the latest lightweight materials including aluminum & carbon-fibre throughout weight could be kept to 1200 Kg & have the power to weight ratio of 458 Bhp per tonne. Burkhard Goschel the head of BMW's development is said to "offer the ultimate in lateral dynamics", & must be capable of out performing the V8-powered M3 & Z4M. It will use the latest electronic & mechanical aids to enhance it's road holding capabilities & wind tunnel development will ensure aerodynamic down force is a priority. Active spoilers & venturi underbody will ensure the cars sticks to the road like an F1 car. BMW hopes to keep the price within Pounds90,000 price bracket& sales should start in 2008."

Yes! A new M1 for the New Millenium

Meanwhile,,,Porsche works feverishly to make a F1 type gearbox work on a almost 50 yr old turbocharged fat potato car ....