Nürburgring 24 Hour Race 2003 BMW M3 GTR to celebrate its comeback

Whitby, Ontario...The BMW M3 GTR is gearing up for a comeback. BMW will be
lining up two of these sports cars on the starting grid of the 2003 Nürburgring
24 Hour Race on 31 May/1 June. The two German factory drivers Jörg Müller (33)
and Dirk Müller (27) have already been nominated to man the cars; the other
drivers are yet to be announced.

BMW Motorsport Director Mario Theissen comments: "This event is developing very
positively, and with the BMW M3 GTR we have a car capable of pitching for
overall victory. The decision to take part was made after clarification of
questions of regulations and following our own tests on the Nordschleife in
early November."

BMW Motorsport Director Gerhard Berger adds: "We also regard this involvement
as our contribution to one of Germany's most traditional motorsport events."
Both drivers and cars will be in the best possible hands: the BMW works team of
Schnitzer Motorsport led by team manager Charly Lamm will run the competition
effort together with technical staff from BMW Motorsport. Under the direction
of strategist Lamm, BMW touring cars have already claimed two overall victories
at the 24 Hour Race on the Nürburgring as well as securing five triumphs in the
24 Hours of Spa-Francorchamps (BEL) and one in the 24-hour classic at Le Mans
(FRA) in 1999 with the open-topped BMW V12 LMR prototype.
Since the premiere of the Nürburgring 24 Hour Race in 1970, a BMW has crossed
the finishing line 16 times as overall winner, most recently in 1998. On that
occasion the BMW 320d became the first diesel-powered touring car to win a
marathon event of this kind.

The BMW M3 GTR, which will be fielded on the Nürburgring in 2003, was
originally developed to compete in the American Le Mans Series (ALMS). The
muscular coupé made its debut in that event in 2001 and swept the board: Jörg
Müller won the Drivers' championship, BMW Motorsport came top in the Team
classifications, and BMW won the Manufacturers' title in the company's most
important export market.

The four-litre V8 engine of the BMW M3 GTR provides an output in excess of 400
bhp. It is a short-stroke, high-speed, compact powerplant that follows entirely
in the tradition of M engines. A specially developed chassis, optimized
aerodynamics and a strategic lightweight design with carbon-fibre body
components make this M3 into an impressive GT sports car.

BMW Group Canada, based in Whitby, Ontario, is a wholly-owned subsidiary of BMW
AG and is responsible for the distribution of BMW luxury performance
automobiles, Sports Activity Vehicles, motorcycles, and the new MINI brand. BMW
Financial Services Canada offers a variety of retail financing and leasing
programs on new and pre-owned BMW Automobiles, as well as retail financing for
new and pre-owned BMW Motorcycles through the BMW OwnersChoice(tm) Program. A
total network of 32 independent BMW retail centres, 16 independent BMW
motorcycle retailers, and 15 MINI retailers represents the BMW Group across the
country.

-30-