The BMW M1 was a sports car that was produced by German automaker BMW from 1978 to 1981. In the late 1970s, Italian manufacturer Lamborghini entered into an agreement with BMW to build a production racing car in sufficient quantity for homologation. The result was sold to the public, from 1978 to 1981, as the BMW M1. It was the only mid-engined BMW to be mass produced. It employed a twin-cam M88/1 3.5 L 6-cylinder petrol engine with Kugelfischer mechanical fuel injection. A version of this motor was later used in the South African version of the BMW 735i, of which 209 examples were built between 1984 and 1986, as well as the E24 BMW M6/M635CSi and E28 BMW M5. The engine had six separate throttle butterflies, four valves per cylinder and produced 277 PS (204 kW; 273 hp) in the street version, giving a top speed of 260 km/h (160 mph). Turbocharged racing versions were capable of producing around 850 hp (634 kW). The M1 coupe was hand-built between 1978 and 1981 under the Motorsport division of BMW as a homologation special for sports car racing. The body was designed by Giugiaro, taking inspiration from the 1972 BMW Turbo show car. Originally, BMW commissioned Lamborghini to work out the details of the car's chassis, assemble prototypes and manufacture the vehicles, but Lamborghini's financial position meant that BMW reassumed control over the project in April 1978, after seven prototypes were built. Only 456 production M1s were built, making it one of BMW's rarest models. The spirit of the M1 lived on in the M635Csi and the first-generation M5, which shared the same (though slightly modified) engine. The M1 had various successes in motorsports. In 2004, Sports Car International named the car number ten on the list of Top Sports Cars of the 1970s. The M1 is not related to BMW's current 1-series compact executive car.
The BMW Homage concept was released at the event Concorso d’Eleganza Villa d'Este 2008. The design was created by Giorgio Giugiaro who got his idea from the BMW Turbo concept which was designed by Paul Bracq. The BMW Turbo boasted many technical and advance innovations from BMW. The front of the car differs the most than the other parts of the car. The front sports double head lights are not the pop up light that are on the original M1, but the usual trademark of the kidney grills made it onto the design of the car. The Hommage also incorporated the double badge in the back of the car as the original M1. There are no photos of the interior of the car or the car in action. The specifications of the car have not been released to the public. BMW has not confirmed if these will be released.