With an all-new V-8 powered M3 two years away, BMW tries to quell buyers with the M3 Competition package. The package will add another $4,000 to the price of admission. All advances are in the suspension area including 19-inch wheels/high performance tires, 14.5:1 steering ratio and bigger, cross-drilled brakes (13.6 inches). The car is already being produced. Click through for more pictures.