After months of speculation the German manufacturer has finally confirmed that it is going to take part in the DTM starting from 2012.
BMW announced it intended to return to the Deutsche Tourenwagen Masters in April this year, but has since been negotiating with DTM chiefs, Audi and Mercedes over the future regulations of the series.
Dr. Klaus Draeger, a BMW AG board member, stated: "The return of BMW to the DTM is a fundamental part of the restructuring of our motorsport activities. With its increased commitment to production car racing, BMW is returning to its roots.
The race track is the perfect place to demonstrate the impressive sporting characteristics of our vehicles against our core competitors in a high-powered environment. The DTM id the ideal stage on which to do this."
BMW Motorsport boss, Mario Theissen commented: "The entire team at BMW Motorsport is approaching this exciting project with absolute commitment [...] We began making technical preparations following our declaration of intent in April, and established parameters for a high-performance vehicle concept for deployment in the DTM. The positive decision of the BMW board of management means we can now shift up a gear and give the green light for development."
The car to be used as the base for BMW's DTM challenger will be the M3 model.
Hans Werner Aufrecht, the boss of DTM, welcomed the arrival of the Bavarian car manufacturer:
"We welcome the decision by BMW to enter the DTM from 2012 [...] This is a further milestone for the future of our popular racing series and proves our efforts over the past few years have paid off.
"We laid the foundation for this in conjunction with the DMSB [German motorsport body] and the existing DTM manufacturers, namely Audi and Mercedes-Benz. Therefore I would like to heartily thank all parties.
"I am personally looking forward to again seeing the three premium brands of Audi, BMW and Mercedes-Benz competing against each other on the race track, Our fans have waited a long time for this."