Video: BMW M1 caught testing at Nurburgring

Thanks to one of the plucky characters who haunt the Nurburgring with video cameras, we've caught a glimpse of the new BMW M1 under development.

The visibly beefed-up 1 Series coupe is said to be packing a 350bhp version of BMW's glorious twin-turbocharged six-cylinder engine.

The M1 will almost certainly be the cheapest M division car when it goes on sale in the UK some time in 2011, with a price tag of around £38,000.