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The BMW M1 has a reputation for being the most exotic street car ever built by the company. The cars were virtually hand-built and a limited-production supercar that was essentially a homologation special. They had a tube frame and utilized state-of-the-art technology underneath the Giugiaro-designed body. The road-going M1 was built on the race-spec chassis. They were given 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 planned to build enough M1 examples to comply with regulations for Group 5 competition. The Fédération Internationale du Sport Automobile (FISA), however, changed the rules and required a minimum of 400 examples be built to meet Group 4 regulations before the car could be homologated for Group 5. BMW was left with few options and rather than delay their racing program, they decided to create a one-make series while they continued further development. In the spring of 1978, they announced the Procar Championship, along with the official unveiling of the M1 road car.
The Procar Series lasted from 1979 to 1980. 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, created a limited-design study that was based on the look of the Procar M1s but was intended for the street. This option involved having the AHG Motorsport division take an owner's standard road-going M1 and transform it into the Procar-style street fighter.
The AHG M1 Studie cars received an 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 uprated to 350 horsepower and mated to a special racing clutch and a new exhaust system. The interior was given leather and the stereo system was enhanced with additional speakers. AHG also commissioned the German paint shop of Hermann Altmiks to finish each M1 in a unique scheme per the customer's request.
This car, chassis number 4301090, was built in 1979 and delivered on August 30 to BMW dealer Schneider in Bielefeld, Germany. The original color was White (206). The early history is not known; what is known is that it was given the M1 Studie package. The modifications were TUV-certified in Germany though 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 cost and limited nature of the AHG package, it is believed that just ten such examples were created.
This particular AHG Studie is finished in the BMW Motorsport livery. It was once part of the Ed Weaver Collection in Dalton, Georgia, where it resided until 1995. In 2011, it joined the collection of Don Davis. A short time later, it was acquired by the AE Collection in Burbank, California.
Currently, the car shows less than 7,000 kilometers on its odometer. It has the AHG M1 markings throughout the body, and the original 'altmiks lackdesign' signature is painted just below the taillight. The M88 dual overhead cam six-cylinder engine is fitted with Kugelfischer mechanical fuel injection and produces 350 horsepower. There is a five-speed manual gearbox and four-wheel disc brakes.By Daniel Vaughan | Oct 2014
BMW Motorsport planned to build enough M1 examples to comply with regulations for Group 5 competition. The Fédération Internationale du Sport Automobile (FISA), however, changed the rules and required a minimum of 400 examples be built to meet Group 4 regulations before the car could be homologated for Group 5. BMW was left with few options and rather than delay their racing program, they decided to create a one-make series while they continued further development. In the spring of 1978, they announced the Procar Championship, along with the official unveiling of the M1 road car.
The Procar Series lasted from 1979 to 1980. 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, created a limited-design study that was based on the look of the Procar M1s but was intended for the street. This option involved having the AHG Motorsport division take an owner's standard road-going M1 and transform it into the Procar-style street fighter.
The AHG M1 Studie cars received an 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 uprated to 350 horsepower and mated to a special racing clutch and a new exhaust system. The interior was given leather and the stereo system was enhanced with additional speakers. AHG also commissioned the German paint shop of Hermann Altmiks to finish each M1 in a unique scheme per the customer's request.
This car, chassis number 4301090, was built in 1979 and delivered on August 30 to BMW dealer Schneider in Bielefeld, Germany. The original color was White (206). The early history is not known; what is known is that it was given the M1 Studie package. The modifications were TUV-certified in Germany though 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 cost and limited nature of the AHG package, it is believed that just ten such examples were created.
This particular AHG Studie is finished in the BMW Motorsport livery. It was once part of the Ed Weaver Collection in Dalton, Georgia, where it resided until 1995. In 2011, it joined the collection of Don Davis. A short time later, it was acquired by the AE Collection in Burbank, California.
Currently, the car shows less than 7,000 kilometers on its odometer. It has the AHG M1 markings throughout the body, and the original 'altmiks lackdesign' signature is painted just below the taillight. The M88 dual overhead cam six-cylinder engine is fitted with Kugelfischer mechanical fuel injection and produces 350 horsepower. There is a five-speed manual gearbox and four-wheel disc brakes.By Daniel Vaughan | Oct 2014
2022 RM Sothebys : The Youngtimer Collection - Miami
Pre-Auction Estimates :
USD $450,000-USD $550,000
Sale Price :
USD $648,500
2015 Mecum : Monterey
Pre-Auction Estimates :
USD $550,000-USD $650,000
High Bid (Lot was not sold)
USD $400,000
2014 RM Auctions at Monterey
Pre-Auction Estimates :
USD $600,000-USD $800,000
High Bid (Lot was not sold)
USD $400,000
1980 BMW E26 M1 Auction Sales
Recent Sales of the BMW E26 M1
(Data based on Model Year 1980 sales)
1980 BMW M1 Procar Chassis#: 4301302 Sold for USD$1,095,350 2024 Artcurial : Retromobile | |
1980 BMW M1 Chassis#: WBS59910004301327 Sold for USD$567,193 2024 RM Sothebys : Paris | |
1980 BMW M1 Sold for USD$582,500 2023 Worldwide Auctioneers : The Auburn Auction | |
1980 BMW M1 Chassis#: WBS59910004301442 Sold for USD$478,000 2023 Gooding & Company : Pebble Beach | |
1980 BMW M1 AHG Studie Chassis#: WBS00000094301090 Sold for USD$648,500 2022 RM Sothebys : The Youngtimer Collection - Miami | |
1980 BMW M1 Chassis#: WBS59910004301218 Sold for USD$825,049 2022 RM Sothebys : Munich | |
1980 BMW M1 Chassis#: WBS59910004301261 Sold for USD$417,500 2021 RM Sothebys : Amelia Island Auction | |
1980 BMW M1 (E26) Chassis#: WBS59910004301170 Sold for USD$503,950 2020 Silverstone Auctions : The NEC Classic Live Online Auction | |
1980 BMW M1 Procar Chassis#: WBS59910004301195 Sold for USD$913,000 2020 RM Sothebys : Shift/Monterey | |
1980 BMW M1 Sold for USD$400,000 2017 Mecum : Kissimmee | |
1980 BMW M1 Coupé Chassis#: WB500000094301080 Sold for USD$529,236 2015 Bonhams : The Zoute Sale | |
1980 BMW M1 Chassis#: WBS59910004301160 Sold for USD$599,500 2015 Bonhams Quail Lodge Auction | |
1980 BMW M1 Chassis#: WBS59910004301292 Sold for USD$462,000 2015 Gooding & Company : Pebble Beach Concours | |
1980 BMW M1 Chassis#: WBS59910004301385 Sold for USD$379,500 2014 Gooding & Company - Amelia Island Sale | |
1980 BMW M1 Chassis#: WBS59910004301194 Sold for USD$440,000 2014 Gooding & Company - The Scottsdale Auction | |
1980 BMW M1 Chassis#: WBS59910004301360 Sold for USD$242,000 2013 RM - The Don Davis Collection | |
1980 BMW M1 Chassis#: WBS59910004301360 Sold for USD$185,000 2012 Mecum - Monterey, CA | |
1980 BMW M1 Ahg Coupe Sold for USD$155,000 2011 Mecum Auctions - Monterey, CA The Daytime Auction | |
1980 BMW MI Chassis#: WBS59910004301153 Sold for USD$137,500 2010 RM Auctions - Vintage Motor Cars of Hershey | |
1980 BMW M1 Coupe Sold for USD$120,000 2009 Mecum - Monterey Auction |
BMW E26 M1s That Failed To Sell At Auction
1980 BMW E26 M1's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1980 BMW M1 | WBS59910004301226 | 2023 RM Sothebys : Amelia Island | $550,000 | $750,000 | |
1980 BMW M1 | WBS00000094301096 | 2019 Artcurial : Retroobile | $425,000 | $500,000 | |
1980 BMW M1 Coupé | WB500000094301080 | 2018 Bonhams : The Monaco Sale 'Les Grandes Marques à Monaco' | $540,000 | $580,000 | |
1980 BMW M1 | WBS00000094301096 | 2017 Mecum : Monterey | $400,000 | ||
1980 BMW M1 | WBS4301006 | 2016 Gooding & Company : The Scottsdale Auction | $575,000 | $650,000 | |
1980 BMW M1 | WBS00000094301096 | 2016 Scottsdale, The Westin Kierland Resort & Spa | $525,000 | $625,000 | |
1980 BMW M1 | WBS00000094301096 | 2015 Mecum : Monterey | $450,000 | $600,000 | $750,000 |
1980 BMW M1 AHG | WBS00000094301090 | 2015 Mecum : Monterey | $400,000 | $550,000 | $650,000 |
1980 BMW M1 | 2015 Hollywood Motors : Amelia Island Select | ||||
1980 BMW M1 | WBS00000094301096 | 2014 Mecum Monterey | $375,000 | $400,000 | $500,000 |
1980 BMW M1 AHG Studie | WBS00000094301090 | 2014 RM Auctions at Monterey | $400,000 | $600,000 | $800,000 |
1980 BMW M1 | WBS59910004301233 | 2010 RM Auctions Sporting Classics of Monaco | $80,000 | $90,000 | $120,000 |
1980 BMW M1 Coupe | 2009 Collector Cars of Fort Lauderdale | $120,000 |
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1929 Bugatti Type 40 Roadster par Gangloff Chassis#:40488 Sold for $437,111 2024 Artcurial : Retromobile | |
1925 Bugatti Type 35 Grand Prix par Gilles Fournier Chassis#:4467 Sold for $437,111 2024 Artcurial : Retromobile | |
1965 Lamborghini 350 GT par Touring Chassis#:0154 Sold for $437,111 2024 Artcurial : Retromobile | |
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1969 FORD MUSTANG BOSS 429 Chassis#:9F02Z198922 Sold for $440,000 2024 Barrett-Jackson : Scottsdale AZ | |
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1938 PACKARD 12 TORPEDO-CABRIOLET Chassis#:A600390 Sold for $440,000 2024 Barrett-Jackson : Scottsdale AZ | |
1970 PLYMOUTH HEMI SUPERBIRD Chassis#:RM23R0A172586 Sold for $440,000 2024 Barrett-Jackson : Scottsdale AZ | |
2023 FORD BRONCO DR RACE TRUCK Chassis#:FP-MM-BDR-018 Sold for $440,000 2024 Barrett-Jackson : Scottsdale AZ |
1980 BMW E26 M1
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