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The BMW M1 (model code E26) is a mid-engined sports car produced by German automotive manufacturer BMW from 1978 until 1981.. In the late 1970s, Italian automobile manufacturer Lamborghini entered into an agreement with BMW to build a production racing car in sufficient quantity for homologation, but conflicts arose that prompted BMW to produce the car themselves.
This 1980 BMW M1, previously part of the AE Performance collection (Paul Walker and Roger Rodas), is up for sale again. It is believed to be one of just ten examples modified by German BMW dealer AHG.
After the success of BMW M products like BMW 3.0 CSL in racing venues and the growing market for high performance sports cars, M introduced cars for sale to the public. The first official M-badged car for sale to the public was the M1 , revealed at the Paris Motor Show in 1978.
Jochen Neerpasch, the head of BMW's Motorsports division, was the first to propose the idea of a one-make championship. [2] The division had started construction of the first sports car for BMW in 1978, the M1, and had planned from the start to enter the new sports car in the World Sportscar Championship in 1979, as well as offering the cars to customers for other series.
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In the late 1980s, he raced the BMW 320i Turbo and the BMW M1 Procar with his son, Walter. ... the conversion cost US$55,600 (equivalent to $136,664 in 2023) ...
In today's money, the 507 would have had a sticker price of about $86,000. But with only 253 examples sold, it's now worth a whole lot more.
The BMW 1 Series M Coupé (often referred to as the "1M") is the high-performance model of the E82 coupe range, sold under the BMW M performance sub-brand. While BMW naming convention would have called the car the "M1", an alternate name was chosen to avoid confusion with the BMW M1 supercar from the 1970's.