DuPont Registry has listed for sale a 1981 BMW M1 for the hefty price of $499,000. The car is number 348 out of 456 ever produced and it has been sitting in a private collection in Japan for the past 30 years.
The odometer reads 7980 miles and is nearly new inside and out.
The M1 came to life in 1978 at the Paris Motor Show as the M divisions first ever creation.The M1 coupe was hand-built between 1978 and 1981 as a homologation special for sports car racing. The body was designed by Giugiaro, taking inspiration from the 1972 BMW Turbo show car.
At the time of its launch, it was one of the fastest and most dynamic cars on the market. It featured a 277 horsepower 3.5-liter straight-six engine and could reach speeds in excess of 160 mph. The redline came at 7,000 rpm and the M1 was capable of accelerating from 0-62 mph in 5.6 seconds.