BMW M2 is back on track at the Nurburgring and gives us a closer look at the its handling and engine.

BMW’s M2 is 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 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 will unveil the M2 in October and will go on sale in Spring 2016.