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BMW Did One Thing Wrong With The M240i

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Fortunately, someone else fixed the problem.

There aren't many people out there who think they can do handling better than BMW can. Alfa Romeo is one of them. And, apparently, so is Mulgari, a British design house responsible for light touch-ups of already fantastic cars like the McLaren 12C, BMW M4, and Mercedes-AMG C63. This time around, it's gone ahead and modified what's likely the purest driver's car in BMW's lineup, the 2 Series.

But with the M2 already being a hardcore track monster, Mulgari turned its sights to the M240i with the aim of righting what it sees as BMW's wrongs and turning the coupe into "the embodiment of a sports car." The result is a car it simply calls ICON03, what's supposedly the purest driver's car on offer.

In order to improve on the work of BMW's M Division, Mulgari focused on three key areas: the drivetrain, the exhaust, and the chassis. The BMW's 3.0-liter B58 turbocharged engine now makes 400 lb-ft of torque and "under" 500 horsepower, since Mulgari believes that good driver engagement means a driver needs a useable amount of power rather than so much of it that the car feels polarizing.

The exhaust has been swapped for an Akrapovic unit for better sound and performance, while the chassis has been optimized for an improved driving experience without making the ICON03 feel harsh like a pure track car. Still, Mulgari improved cornering speeds by tweaking the suspension at the Nurburgring and by giving the M240i wider tires, with the front set measuring 255mm and the rear coming out to 275mm.

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The tire change required additional work to be done to the body, which is now wider and features a design that pays homage to all of the M Division's greatest hits. The dimpled carbon roof calls back to the E46 M3 CSL while the extended wing harkens back to the E30 M3. Even the front wing cut-outs feature mounting winglets, which aids the integrity of the structure while also adding a traditional feature that was once seen on the classic 3.0 CSL.

Inside, Mulgari has given the ICON03 a flat-bottom steering wheel, Recaro seats, carbon fiber shift paddles, and a bright yellow trim to make the cabin more tasteful.

More specific details, as well as pricing, are expected to be announced in the coming weeks. But expect the ICON03 to cost about £69,000 ($87,590), which is a good chunk more than the $46,795 you pay for a base M240i.

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