After loads of teasers and spy images, BMW finally uncovered the new M5 last week. It features a 4.4-litre twin-turbo V8 producing 412kW of power, available from 6000-7000rpm, and 680Nm of torque, available from 1500rpm.
One of the most interesting facts about the new M5's specifications is the fact that it will have an average fuel consumption rating of 9.9L/100km. This will make it one of the most fuel efficient cars per kilowatt on sale.
Speaking of sale, official prices are still being finalised for Australia, but according to a British report, the new M5 will start at £73,040 ($111,872) in the UK. This puts it around £7150 more expensive than the previous E60 V10 model, which retailed for £65,890 (around $100,912). This is likely to mean the Australian prices will be somewhat higher than the previous model as well.
Either way, the quicker, more high-tech, more powerful and more fuel efficient M5 is looking to be a cracker of a sedan. We look forward to providing a full review as soon as possible.
BMW Australia has said it hopes a late-2011 arrival will take place for the new car. Meanwhile, its first international debut will take place tomorrow at the epic M Festival at the Nurburging, where M Division also plans on unveiling a new lightweight sedan version of the BMW M3. We'll keep you updated on the Festival and the unveilings.
In the meantime, take a look at the video below for a taste of what the M5 will be like on a track.