@kaka it does yes,but the reason for getting the 116i is that it doesnt eat fuel in 3 days.
Its also a lot better in quality and you get quite a bit out of the 116 im impressed with ie: its handling,performance and most impressive the Fuel economy.
The ST i had was fully modded - Branch,Zorst,Cams,Chip,CAI,Eibach,Powerbrakes,etc.
i do miss the ST but im really happy with the 116i for now