BMW has unveiled their new M3 DTM racer and you can tell rivalries have already begun to take shape. Hours after BMW pulled the covers off the new racer, Audi quickly jumped the gun and released photos of their new A5 DTM racer, the successor to their A4. Apparently Audi should get ready to share the spotlight. Unveiled at BMW Welt in Munich, the BMW M3 DTM Concept Car was joined onstage by new BMW Motorsport drivers Andy Priaulx and Augusto Farfus.

"It is good to see how our DTM project is picking up speed," said Dr. Klaus Draeger, member of BMW's Board of Management. "Next year, BMW returns to the DTM after two decades. We will be facing our main competitors in the premium sector - and are already looking forward to this challenge. The DTM comeback sees BMW return to its roots. We have enjoyed great success in production car racing in the past, and I am convinced we will follow on in 2012 where we left off. Everyone at BMW Motorsport is working hard to ensure we get off to a successful start next season." The BMW DTM features an air restricted V8 that puts out 473hp.

Acceleration from 0-62mph is clocked at 2 seconds flat and can hit a top speed of approximately 186mph. This really marks the comeback of a racing legend. Between the years of 1987 and 1992, the BMW M3 won 40 races and attained over 150 podium finishes in DTM. BMW, Audi and Mercedes-Benz will all throw down the gauntlet in DTM racing in 2012 before the series makes its way across the pond to the U.S. in 2013. You can guarantee the three German automakers will be gunning for gold.