295/30/19s will be max for the 10 inch wide rears. It won't be optimum but it is within manufacturers guidelines. A few people are running this with good results.
2013 M3 Coupe-MR/BLK ZCP, identical to my 2011.
2011 M3 Coupe-MR/Blk
2007 Porsche 997C2S Speed Yellow/Blk sport seats
2004 BMW M3 Imola/Blk