The BMW M Performance range of vehicles, performance upgrades and accessories are still not available in the U.S., but it’s only a matter of time until they head our way. We’re betting that one of the more popular items will be the BMW M Performance steering wheel featured in this latest video.

In addition to featuring a grippy Alcantara surface, highlighted with some carbon trim, the BMW M Performance steering wheel comes with a small digital screen that displays all kinds of information, which is broken down in three main catagories: EfficientDynamics, Sport and Race.

In the video, German racing driver Tim Schrick takes us through most of the functions. Some of the highlights are the steering wheel's acceleration and lap timers, drag race and shift indicator lights, and data recorder. There’s even a feature to show lateral g forces.

While some may brush this off as just a gimmick, for the novices out there the BMW M Performance steering wheel should help sharpen your skills and hopefully lead to more efficient driving on the streets and faster lap times at the track. We’re also sure that those readers who grew up with popular racing simulators such as Need For Speed or Forza Motorsport will feel right at home using the BMW M Performance steering wheel.

Taking place at the end of this month is the 2012 Essen Motor Show, an event similar to SEMA but taking place in Germany. Here, BMW M Performance will be showing off its latest range, which you can read about in our previous post.