from jalopnik:
so there it is
EDIT: photo
Dutch car site AutoTelegraaf has the grisly details of the new V8 engine BMW's putting into the upcoming M3. Let's just say, whoever chose 420 horsepower and 295 ft-lbs of torque in the pool, you're a winner. (Not that there was a pool, but we're sure Audi's keeping a running tally of specs). Apparently, the 4.0-liter V8 is quite a rev monster, seeing it was derived from the company's 5.0-liter V10. Peak horsepower comes on at a soaring 8,300 rpm. But owing to BMW's Double VANOS variable-valve system, 85% of torque is available at 2,000 rpm. What these disparate figures mean for driveability remains to be seen, but the talk is of a smoothed torque curve up to 6,000 rpm. We'll find out after the M3's launch at the Frankfurt motor show in September, and subsequent market launch.
EDIT: photo

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