Allegedly in-development BMW M1 successor to hit markets in 2016

BMW has previously denied about its plan to have an M1 successor. However, a new report suggests that this is far from the truth and the automaker has planned for the M1's revival with a successor in 2016.

According to rumours, the new supercar will feature a lightweight body that is constructed from aluminum, magnesium, titanium and plastic. Interesting how BMW left out carbon-fibre. Still the cocktails of metals used could enable the model to tip the scales at just 1250kg.

In terms of powertrain, the model will have a turbocharged V8 engine with 592hp to 641hp. This would allow a approximate top speed of 330km/h. Adding to the impressive performance, the M1 successor would be relatively economical thanks to an engine start / stop system and brake energy regeneration.