Starting next year BMW will offer the M3 with a new Competition Package. According to the BMW-nuts at Bimmerfile, the package, coded ZCP, is likely to include items like larger wheels, sticker tires and upgraded brakes. Other items we should expect are new shock and spring settings with a lowered ride height of approximately 10mm, as well as a more aggressive EDC Sport setting. A new exhaust system may also be offered, boosting engine output by a few ponies.
Past ZCP options, like on the E46 M3 included Alcantara accenting, including on the steering wheel.
BMW may announce this competition package at the Geneva Auto Show in March. AutoGuide will be there with live coverage starting March 2nd.