Just two months ago, BMW Motorsport softly announced a new model due out in the second quarter of 2010: BMW Z4 GT3. Based on the current generation E89, the Z4 GT3 is powered by the 4.0 liter V8 engine found in the current M3 producing approximately 480 bhp. The engine is controlled by the modern ECU 408, while the Power400 control unit is responsible for operating all actuators. The transmission takes place via a sequential, six-speed gearbox.

The BMW Z4 GT3 has an estimated price of 298,000 euros ($427,000 at the current rate exchange).

The first team to show their E89 Z4 GT3 is Schubert Motorsport backed and the car was spotted during a training session in Paul Ricard High Test Track in France.

Courtesy of Jon Sibal, we have some exclusive photos today, but expect to see more higher resolution photos in the next few days.

Source>>First photos of the BMW E89 Z4 GT3

 

It looks so awesome...

I`d love to see an M version of the Z4 with the S65 V8

 

Looks fantastic, reminds me of the Panoz racers a bit.

 

 

We posted this about 10 minutes apart!!

I will merge my post with yours.

 

haha! Thanks, Dana!

 

Beautiful! I would love to see a new Z4 M coupe come out of this!

 

I test drove the Z4 with the twin turbo 335 engine, pretty quick and sweet, I think am "M" version would be scary

 

Thats a cool little car.

 

looks absolutely fantastic ...