BMW 1 Series M Coupe Video, First Look [2011 Detroit Auto Show]

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After a buildup that lasted a year, BMW finally revealed it’s new 1 Series M Coupe at the 2011 Detroit Auto Show, giving us our first chance for an up-close look at the latest M machine.

Using the company’s twin-turbo 3.0-liter straight-six, the 1M Coupe makes 340-hp and 332 ft-lbs of torque, plus an overboost function helps deliver an extra 37 ft-lbs. Using a six-speed manual transmission (the only one available), the 1M Coupe can hit 60-mph in just 4.7 seconds – meaning that if BMW does decide to also offer the car with a dual-clutch transmission, that number would easily be 4.5.

Pushing the M Drive button improves throttle response, while the M Dynamic Mode button limits the traction and stability control.

And while the engine numbers aren’t astonishing, there’s far more to the 1M Coupe than straight power, with the car weighing 77 lbs less than a 135i and several hundred pounds less than an M3. Handling is also improved with wider fenders to house the new 19-inch wheels with 245/35/19 tires up front and 265/35/19 tires in the rear. The actual track of the car has also been widened considerably, with the rear track 1.8-inches wider than stock and the front track 2.8-inches wider that stock.

Outside the sports coupe does take the M3 style a step further with a more edgy design and quad exhaust pipes, while the interior is typical M with sports seats, a thick steering wheel with M colored stitching and a few other accent pieces.

There is one down side to this new model, however, and that’s the price with BMW stickering the sports car with a hefty $47,010 tag.