The original M1 was built between 1978 and 1981, powered by a 3.5-litre inline 6-cylinder engine.
In the '80s, it was was a very attractive vehicle designed by Giugiaro, and to this day is one of the rarest BMW's ever with less than 500 cars ever built.
Over the weekend BMW surprised everyone at the prestigious Concorso D’Eleganza Villa D’Este event near lake Como in Italy with an intriguing M1 remake.
"For a company as for a product, it is important to be aware of one's roots," said Chris Bangle, director of design at BMW.
"In the spirit of Giugiaro and Bracq, the BMW M1 Homage unites the BMW values of design and technology in a highly emotional and exciting interpretation."