Yes, 1 Series M is happening. International launch is early next year. Only pics I have so far are still heavily disguised, but think of a normal 135i Coupe with 4 exhausts and a more aggressive aerodynamic kit and you pretty much have the idea. It will use the current N55 Twin Scroll Turbo motor, with outputs suggested at 260-270 kW with the normal M treatment to the drive train.