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As BMW's only foray into the mid-engine configuration, the iconic M1 is a rare and revered sports car. Only 455 were built between 1978 and 1981, after the supercar was developed as a homologation special to meet production requirements for competition eligibility in Group 5 sports car races. While FIA rule changes initially kept the cars out of Group 5, BMW launched the M1 Procar series to give them a place to play in the meantime. The Procar races ran in support of Formula 1 events.

One roadgoing example of the M1 Procar styling is currently up for sale on eBay. Modified by German tuner, Styling Garage, it features the Procar flared fenders and spoiler, increased power output, and custom BBS wheels. According to an article on SpeedBrigade.com, the Styling Garage M1 appeared at the Palm Beach Supercar Weekend back in 2006, where it was then up for sale by the Motorcar Gallery. Now it is listed with Driver Source in Texas and the current asking price is set at $135,000. We can think of far worse ways to spend that amount of cash. Now, where's that eBay login of ours... Thanks for th tip Zachary!

[Source: eBay]

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    • 1 Second Ago
      • 7 Years Ago
      Wasn't development of this car helped by Lamborghini?
      cause this is still and awesome looking car. It has aged like the F40 and McLaren F1; still looks amazing
      • 7 Years Ago
      Truly a piece of art. Congratulations must go out to whoever gets this gem. Thanks for the post Autoblog.
      • 7 Years Ago
      Sorry for the multiple posts but here's a better link for the pic: http://www.kormanfastbmw.com/pm1artca.htm
      • 7 Years Ago
      Way better than some silly hotwheels car with a bunch of gems on it!
      • 7 Years Ago
      It has a sunroof??
      • 7 Years Ago
      The interior looks better than anything Chrysler is making
        • 7 Years Ago
        Well that's damning with faint praise...
      • 7 Years Ago
      This is quite possibly the only BMW that has aged quite well.
      • 7 Years Ago
      I was fortunate enough to drive an M1 several times when it was exhibited at a car museum I worked at. I was simply exercising the car each week, so the drives were gentle and respectful of another man's property (at his request). I will say that it was a great car, comparing very favorably to other exotics in the collection. What a great motor! The car was very solid, unlike certain other mid engine cars I've driven. The interior was BMW functional andwell finihed. All hand made, of course, given the low production number.

      As for the development of the car, it is true that Lamborghini did a great deal of the development of the car and produced prototypes, but this ended during one of the Italian car maker's crisis periods and BMW brought the project back to Germany for final development and production.

      At the same time that we had the M1 I mentioned, we also were exhibiting the BMW Art cars, including the BMW M1 that Andy Warhol hand painted. He used his hands to smear the paint onto the car. When we received the Art Cars they had been in storage for a long time and were pretty rough. We were allowed to clean and preserve the cars. They really looked great when we were done. When BMW management saw the cars in the museum during a corporate gala during the exhibit, the attitude changed and the cars have since been treated as crown jewels by BMW. I cleaned and applied wax to the Warhol car - it was amazing to feel where the artist's hands had been. (By the way, we used the best materials and techniques possible and always wore soft gloves.)

        • 6 Years Ago
        do you know how much the M1 is worth in cash?? It is my dream car
      • 7 Years Ago
      Just watched the Top Gear episode featuring this. I have to say this is one hell of a car. I really dig the coordinated seats and striping. There are few things I wouldn't do to have one of these.
      • 7 Years Ago
      All hail the mighty M1. This is why the 1 Series, even if it gets an M-version, should never be called "M1."

      There is only one M1, and this is it. Unless, of course, you're referring to the tank...
      • 7 Years Ago
      More on Peter Gregg's M1 Art Car: American racer Peter Gregg had driven Frank Stella's BMW 3.0 CSL creation at LeMans and Dijon, France and in 1979 Stella designed a stunning BMW M1 art car for Gregg. The current owner has entrusted this rare and valuable work of art to Korman Autoworks for rebuilding. You are cordially invited to view this masterpiece while it is on display in our showroom.

      There is a small but decent pic of this car at this link: http://www.kormanfastbmw.com/service.htm

      If you are near Greensboro, NC drop by and see it for yourself.
      • 7 Years Ago
      It looks like a toy car . . . Its great, the rear and the wheels are great!

        • 7 Years Ago
        Great, more OZ spammers.
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