Latest spy photos of what they claim to be M3, but this thing is still so heavily camoflaged it could just be the E92 coupe. who knows.
"Expect V8 magic when BMW unveils its E90-series M3, though that won’t happen until 2007. We hear BMW plans 400-plus hp transmitted through a seven-speed sequential manual gearbox. BMW will offer a six-speed manual and possibly an automatic as an option. We also hear rumblings of the return of the four-door M3—absent from the E46 range—to complement the coupe and convertible lineup."
7 gear SMG!