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Why was the E26 M1 developed?

e26 M1
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Why was the E26 M1 developed?

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The E26 M1 was developed to 1) show that BMW Motorsport GmbH was a legitimate manufacturer of sports cars that could compete with Porsche and Ferrari on the street and 2) to offer a purpose-built machine that could participate competitively in the Group 4 and Group 5 racing series.

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