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New BMW set to rival the Audi R8 and Porsche 911 :: Sep 10, 2010

German giant BMW is poised to hit the road with its stunning M1 supercar. Sources within the company claim that bosses are ready to give the green light to a production version of the recently unveiled M1 Hommage concept.

The mid-engined newcomer will rival the Audi R8 and Porsche’s next-generation 911, which is due to hit showrooms in 2011.

A range of hi-tech new engines will be fitted under the rakish bodywork, with entry-level cars getting a development of the brand’s 3.0-litre twin-turbo straight-six. Buy-ers looking for more performance may be able to choose the 4.0-litre V8 from the M3, with the model possibly badged M1 CSL. Diesel and hydrogen fuelled variants could also appear. If, as expected, the car gets the go-ahead, the first production models will hit showrooms in 2013.