In 2001, BMW wanted to race the new E46 M3 in the Le Mans GT series. But in order to really be competitive, it needed more power – after all, it would be racing the likes of the Corvette C5R, the Porsche 911 GT3, and even Ferraris. As stout as the S54 was, BMW opted to stick a V8 into the E46. Not only did the V8 produce more power, but a look under the hood revealed that it moved the weight back – far back – from where the inline-6 would normally hang. Run by Schnitzer in Europe and PTG in the U.S., they were quite successful if often protested, and in 2001 the PTG developed car won the Petit LeMans in the U.S. and continued to win until 2005 in Europe. They also won the imaginations of BMW fans across the globe, with the the necessary road-going 380 horsepower GTR model a mythical beast of near biblical proportions. Some went a step farther, though, and made track ready weapons. To lower the M3 and be able to run massive wheels – like the 18×11 and 12″ variety of this particular replica – it required some work. Well, a lot of work: