As for the engine, CAR says anything in the BMW lineup will fit but the most likely candidate is a 3.0-liter straight six with three turbos and about 450 horsepower. Auto Express will come with either the six or the 4.0-liter V8 from the M3. That would give it about 400 horsepower. Whatever it gets, look for a 0-to-60 time of around 4 seconds and a top speed just north of 200.

Seems a little mild for a mid engine super car, but whom am I to judge?  Good thing this car isn't even being built yet and you could actually not see a working BMW M1 until as late as 2013.  Super rich, please start holding your breath now and put me in your Will.  Below is just a shell, all we have to wet our whistle until BMW makes an official announcement.

Original automotive content: Automotive Blog

BMW M1 Super Car