We have just learned from one of our sources that the new BMW M2 will not be unveiled at the upcoming 2015 Frankfurt Auto Show. BMW will focus their attention in Frankfurt on the new 7 Series flagship which will be shown in several variants and with different powertrains, including a plug-in hybrid. The other main attraction at the BMW stand will be the second-generation X1, an important model for the Bavarians in Europe and United States.

Unfortunately BMW is being tight lipped about the venue where the M2 will be unveiled, but we believe, based on a different source, that the new “baby-M” will be officially introduced at the LA Auto Show in November. With a market launch set for 2016, there is also a slim chance that BMW will first show the M2 in Detroit in January 2016. Regardless of the official showing, the M2 should debut on the interwebs within the next couple of months.

The launch color palette will be limited. Our sources couldn’t say how many and what colors will be added in the future, but at the launch, the M2 customers will get to pick from four paint jobs: Long Beach Blue, Alpine White, Mineral Grey and Black Sapphire. The official color is said to be Long Beach Blue so expect to see the first marketing photos sporting the beautiful blue shade.

BMW’s M2 will be powered by the N55 TwinScroll turbocharged engine with some components from the S55 engine. One of them is the oil pump found in the M-developed engine. The power output is 365 horsepower and 343 lb-ft of torque. The engine has an overboost function just like the 1M, good for 25 lb-ft of torque.