Tuner Tuesday: 1980 BMW M1 AHG Studie – REVISIT

After failing to sell at auction for the estimated $600,000 – $800,000 projection, the AHG Studie modified M1 is back and now on eBay. Bidding as of writing is sitting around $300,000 – a steal for even a poor condition M1 these days. While it’s not likely to remain there or meet reserve, it will be interesting to see where the pricing ends up!

CLICK FOR DETAILS: 1980 BMW M1 AHG Studie on eBay

The below post originally appeared on our site July 29, 2014:

I won’t bore you with an attempt to fully recount the storied history of the M1 here. But there are some interesting developments that helped create this halo car, changed its purpose and created the car that you see here. The M1 is a legendary car that, like the 959, 190E 2.3-16V Cosworth, RS200 and some other notable historic cars was born into a world that had already passed it by. It seems that often these ultimate cars have come about when the series rules have changed, and the M1 was part of that. The 959 moved from Group B to Le Mans, running high overall both attempts that it ran. The 190E took to the race track instead of rally, creating a new motorsports legend in the process – who can forget the images of Senna in the 190E? The RS200 moved towards the popular European sport of Rallycross, where it was extremely successful. And the M1? Well, the M1 was a bit lost; BMW had to build 400 of the expensive machines in a bit of a global recession, so they decided to make a one-make race series called the Procar series. Of course, it didn’t hurt that BMW was attempting to get its foot in the door with F1 management as an engine supplier, and the promise of the spectacle of F1 drivers let loose in supercars before the real race sure sounded appealing. What it was, most of the time, was a train wreck of crashes – but it was entertaining for sure, and they ended up building enough M1s to go racing where the car was intended, in Group 5 racing. While BMWs interests and technology passed by the M1 in the early 1980s, there was nevertheless a group of individuals who wanted their M1s turned up in the style of the wild winged, wide fendered and massive wheeled Procars. The result were the 10 AHG Studie cars:


Year: 1980
Model: M1 AHG Studie
Engine: 3.5 liter inline-6
Transmission: 5-speed manual
Mileage: ~7,000km (4,349 mi)
Price: Reserve Auction

Old Description
Lot 248
1980 BMW M1 AHG Studie
To be auctioned on Saturday, August 16, 2014
$600,000 – $800,000

Chassis no. WBS00000094301090

History is important to us, and all lots offered are fully researched. All corresponding information and accessories, from certificates to tool kits, stays with the lots we sell. All of this is held at our library on site, under the Access the Knowledge banner, so please visit us there or contact us before the auction if you require further information.

350 bhp, 3,453 cc M88 DOHC inline six-cylinder engine with Kugelfischer mechanical fuel injection, five-speed manual transmission, front and rear dual A-arm independent suspension with coil springs, and four-wheel disc brakes. Wheelbase: 100.8 in.

One of only 10 examples created by AHG
M1 Procar-style bodywork; uprated to 350 horsepower
Original and unrestored, with less than 7,000 kilometers
Unique BMW Motorsport tri-color livery

The M1 was the most exotic BMW street car ever built. It was a limited-production, virtually hand-built car that was essentially a homologation special, and it featured a tube frame and utilized state-of-the-art technology underneath the radical Giugiaro-designed body. The road going M1 was built on the race-spec chassis, which was fitted with unequal length lateral links, alloy uprights, concentric coil springs, and anti-roll bars in the front and rear. Just 456 examples were built, including a number of race-prepared cars for rallying and the BMW M1 Procar Championship.

BMW Motorsport initially planned to build enough M1s to meet the regulation for Group 5; however, rule changes by Fédération Internationale du Sport Automobile (FISA) required a minimum of 400 examples be built to meet Group 4 regulations before the car could be homologated for Group 5. Rather than delay their racing program, BMW decided to create a one-make series while they continued further development. The Procar Championship was announced in the spring of 1978, along with the official unveiling of the M1 road car.

While the Procar series only lasted two seasons, from 1979 to 1980, its popularity was undeniable. With their flared fenders, imposing front spoiler, massive rear wing, and incredible power, the M1’s presence on the race track left a lasting impression.

In 1982, after the series ended and production for the M1 was completed, Peter Gartemann, the president and owner of the German BMW dealer AHG, had the brilliant idea of creating a limited-design study that was based on the look of the Procar M1s but was intended for the street. This option, which was open to well-to-do BMW customers, involved having the AHG Motorsport division take an owner’s standard road going M1 and transform it into the ultimate Procar-style street fighter. From the outside, the changes are clearly apparent, but the modifications didn’t simply end with the race-inspired body.

The AHG M1 Studie cars received adjustable racing suspension and three-piece 16-inch BBS wheels, which were 8-inches wide up front and 9-inches wide at the rear. The engine was duly uprated to 350 horsepower and mated to a special racing clutch and a new exhaust system, to fall in line with the M1’s new looks. The car was still very much intended for the street, as its interior was swathed in leather and the stereo system was enhanced with additional speakers. However, it wasn’t the menacing body or the upgraded trim that made these cars truly unique. AHG commissioned the renowned German paint shop of Hermann Altmiks to finish each M1 in a unique scheme per the customer’s request.

This particular M1 started life much like any other standard version. According to BMW Classic, chassis 4301090 was built in 1979 and delivered on August 30 of that year to BMW dealer Schneider in Bielefeld, Germany. The original color was White (206). While its initial history is unknown, the owner of this M1 at the time must have decided that they wanted to further separate their already capable supercar from the other 455 examples, and AHG was just the place to do that. The M1 Studie package was added to the car, even though the cost was prohibitively expensive, and as the modifications were TÃœV-certified in Germany, they required extensive testing and approvals, which only added to the cost of development. Allegedly, it was the rear spoiler that was the costliest part to get approved. Due to the limited nature of the AHG package, it is believed that only 10 such examples were created, with each one unique in their own right.

This AHG Studie is finished in the iconic BMW Motorsport livery, and it has led a well-cared-for life. It would ultimately find its way into the famous Ed Weaver Collection in Dalton, Georgia, where it resided until 1995. In 2011, it was purchased by renowned collector Don Davis. Soon thereafter, it was acquired by the AE Collection in Burbank, California. The collection is known for their rare Japanese and European sports cars, and this unique M1 was very much at home amongst the other low-mileage BMWs. This example, believed to be an original AHG M1 Studie, displays less than 7,000 kilometers on its odometer. The car features AHG M1 markings throughout the body, and the original “altmiks lackdesign” signature is painted just below the taillight. The custom-finished exterior only shows minor signs of aging, while the leather-trimmed interior remains in excellent overall condition.

The incredible M1 in one of BMW’s scarcest and most iconic variations, and this awesome AHG Studie example is a German performance monster of its era.

New Description
About this vehicle:

Very rare opportunity to own a piece of motorsports history. This is one of only 10 examples of the AHG version of the BMW M1. It features M1 Procar-style body work, upgraded horsepower at 350 and tri-color livery. This vehicle is all original and unrestored with no aftermarket parts or upgrades. Specs and features include a 350 bhp, 3,453 cc M88 DOHC inline six-cylinder engine with Kugelfischer mechanical fuel injection, five-speed manual transmission, front and rear dual A-arm independent suspension with coil springs, and four-wheel disc brakes. BMW Motorsport initially planned to build enough M1s to meet the regulation for Group 5; however, rule changes by Fédération Internationale du Sport Automobile (FISA) required a minimum of 400 examples be built to meet Group 4 regulations before the car could be homologated for Group 5. Rather than delay their racing program, BMW decided to create a one-make series while they continued further development. The Procar Championship was announced in the spring of 1978, along with the official unveiling of the M1 road car. While the Procar series only lasted two seasons, from 1979 to 1980, its popularity was undeniable. With their flared fenders, imposing front spoiler, massive rear wing, and incredible power, the M1’s presence on the race track left a lasting impression.

In 1982, after the series ended and production for the M1 was completed, Peter Gartemann, the president and owner of the German BMW dealer AHG, had the brilliant idea of creating a limited-design study that was based on the look of the Procar M1s but was intended for the street. This option, which was open to well-to-do BMW customers, involved having the AHG Motorsport division take an owner’s standard road going M1 and transform it into the ultimate Procar-style street fighter. From the outside, the changes are clearly apparent, but the modifications didn’t simply end with the race-inspired body.

The AHG M1 Studie cars received adjustable racing suspension and three-piece 16-inch BBS wheels, which were 8-inches wide up front and 9-inches wide at the rear. The engine was duly uprated to 350 horsepower and mated to a special racing clutch and a new exhaust system, to fall in line with the M1’s new looks. The car was still very much intended for the street, as its interior was swathed in leather and the stereo system was enhanced with additional speakers. However, it wasn’t the menacing body or the upgraded trim that made these cars truly unique. AHG commissioned the renowned German paint shop of Hermann Altmiks to finish each M1 in a unique scheme per the customer’s request. This particular M1 started life much like any other standard version. According to BMW Classic, chassis 4301090 was built in 1979 and delivered on August 30 of that year to BMW dealer Schneider in Bielefeld, Germany. The M1 Studie package was added to the car, even though the cost was prohibitively expensive, and as the modifications were TÜV-certified in Germany, they required extensive testing and approvals, which only added to the cost of development. Allegedly, it was the rear spoiler that was the costliest part to get approved. Due to the limited nature of the AHG package, it is believed that only 10 such examples were created, with each one unique in their own right. Please call 1-800-730-MOTOR for more details and pricing.

The auction estimate is between $600,000 and $800,000 – mighty money for a modified M1. But in my mind, the question is whether or not the modifications have detracted or heightened the M1 experience. As a homage to the Procars, the AHG is pretty impressively detailed. The original shape of the M1 is certainly pretty, but aside from the somewhat oddly placed rear wing I think the flares and skirts work. The BBS wheels certainly look the part, and the livery is one of the best. Like the early AMG and Ruf cars, there’s an independent charm of this modified version, and I think all in all it works for me. It’s unlikely that this car will be snapped up by anyone other than a serious collector, and that’s a bit of a shame since you’re not likely to see it anywhere after this for a while. But with M1 prices continuing to rise and appreciation for cars from the 1980s driving prices up, don’t be surprised if you see this pop up for sale again in a few years with a pricetag 50% or more higher.

-Carter

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10 Comments

  1. Kudos to the seller for taking the time and spending the money to get some seriously gorgeous photographs of the car. They’ve done a service to car lovers across the internet. For those who don’t recognize the setting, it’s Horse Thief Mile which is part of the Willow Springs complex most often used for open drifting days and the odd Nissan Altima commercial.

  2. @Adam – it was probably photographed for the unnamed auction earlier this year (for a hard copy catalog). But good eye!

    Neat car but does anyone care 200-300% worth for non-factory (and non-world renowned iE AMG, etc) modifications? I personally don’t. This kind of reminds me of the Yenko Camaro – a famous dealer done package…but Yenkos are more famous than this. Also, what was the car doing from 1995-2011?! There’s a big gap in its bio! 🙂

  3. The auction was R&M, FYI – and Ry’s correct, if you follow the link the current photos aren’t nearly as flattering!

    Ry, FYI – 600K-800K would be in line with a condition 1 M1, granted all-original – so the asking price was effectively the same as a pristine original example, not more. Hagerty lists a rougher driver with spotty history at around 300K right now.

  4. Sold for $155k @ Mecum 3 years ago!

    http://www.supercars.net/Pics?viewCarPic=y&source=carGal&carID=170&pgID=1&pID=1009541

    Someone picked the wrong car to try to flip and make 400% in 3 years (eg the “range forecast” at auction earlier this year). Maybe if the interior was furnished with shares of stock in Apple…

  5. Same as E30 M3s, the market has in fact quadrupled in these since 2011. 155K would have been condition 2 (top value 200K) in 2011. Top values are indeed 400% of that today.

  6. True…if it sells at these prices, and seller recently turned down $400k. We’ll see?

    I coming around to it, it looks better without those original M1 solid disc rims. I like the pro-car look a lot actually. I wonder what a complete procar goes for these days.

  7. I suppose it’s just me but give me a plain old M1 anytime…..the Pro-Car series look does not do it for me….
    @ Carter…she has arrived and is in the garage…will give you a good unbiased review in about a month

  8. @Carter..could you resend your email…got a new phone as well and deleted instead of opened it!
    my bad…sausage fingers!

  9. @Carter – intersting, but I don’t think we know exactly how much it sold for since they took offers (according to article on motorauthority) and had declined at least a couple (that fact is public during the auction but not the price IIRC). It felt like these were at or near $100k for a long time, at least they’re heating up now.

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