Looks like your engine went into "limp mode" (insert viagra joke here).
It means that something has gone very wrong, or at a minimum your car's computer thinks something has gone very wrong. Get it to the dealership immediately; if you can get it taken on a flatbed as opposed to driving it that would be your best bet.
Good luck brother!
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18 XC90 T6 Inscription (Silver/Black)
16 981 GTS (All Black Everything)
12 E70 X5d Black Saphire/ Tobacco (RIP)
08 E92 M3 SG/Fox Red Gintani Race (sold), RG63
02 E46 M3 Cab Imola, E36 Z3 Atlanta Blue/Tan
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