This weekend, BMW took the wraps off a new show car called the M1 Homage at the Concorso d'Eleganza at Hotel Villa d'Este to commemorate 30 years since the launch of the M1 supercar, which has been discontinued since 1981. Recent rumors have indicated BMW is planning a new supercar. Powered by popular 5.0 liter V10 engine. Check out see more pictures.
Left to right: BMW M1 Hommage, BMW M1, BMW Turbo concept