BMW has confirmed to put the M-Version of their 1 Series into production, which will be based on the current 135i.

After the Nurburgring 24-Hour Race, MW M DivisionB Managing Director Dr. Kay Segler confirmed the news, and said that the car will be based on the 135i model, and is aimed at younger buyers and give them entry into the M Division on a budget. The 1-Series M will be sold in limited numbers beginning from the end of 2011.

Not unveiling much detail, the M1 named car is expected to have more than 322bhp, which is the horsepower put out by the 135i Power Performance Kit that was launched in Geneva earlier this year.

Segler also cleared that the next M5 will appear in late 2011, with the engine that’s based on the 4.4-litre twin turbo V8 that is found in the X5M and X6M. Power will be considerably more than the 547bhp that the off-roaders put out, with speculation that the final output will be between 572bhp and 592bhp. There will also be weight-saving measures such as a carbon fibre roof to enhance performance.