After the first teaser photos and video, here comes the first footage onboard the BMW 1 Series M Coupe. The 1 Series M Coupe will debut in 2011 and it is already shaping up as being one of the most exciting M models to come out of the M division.

The 1 Series M Coupe model is based on the 135i Coupe and it uses an updated engine of the same car. Official specs are yet to be revealed, but expectations are that the horsepower numbers will be in the 340-350 range, up from 306 horsepower found in the standard engine.

The 1-Series based M car will run in small numbers due to the short life-cycle(around 12 months). Pricing has not been set at the moment, but we expect the 1 Series M Coupe to be positioned below the M3 and most likely, around $10,000 above the 135i Coupe.

See link below for Youtube video (unfortunately the Youtube user has disabled the embed function).