Nice spyshot of the BMW M3 E92 from BmwE92m3.com. The ingredients for an M3 are all there, according to the photographer: 4 exhaust tubes, boot lid with a small spoiler (masked), covered rear bumper (is there an air extractor) and covered air exhausts in the front fender. I'd add widened fenders, compared to the plain vanilla E92 coupe.

No news on the engine: expectations are high for this 425 hp V8 engine from the Motorsport division. When is 2008 coming?