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I want to find a crashed one of these (fat chance, I know), buy it, transfer all the goodies to a white '95 shell and do an S50B32 swap.
 

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Sorry for my ignorance, but whats so special about this car?
Want.

BMW M3 - Wikipedia, the free encyclopedia

M3 LTW (E36)

Beginning with the first E36 M3s delivered, BMW racers began pressuring BMW for a race-ready version with which to compete against Porsche 911s in sports-car racing.

In 1995, BMW relented and began building batches of the M3 LTW at BMW Individual. Upon completion they were sent to Prototype Technology Group (PTG) Racing in Virginia for final preparation, which included the front and rear Motorsport flag decals, and "trunk goodies." In the boot there was a different oil pan with dual pick up oil pump, longer oil dipstick tube, front strut bar, lower x brace that owners could install at the risk of voiding the standard BMW warranty. The car also came with the normal M3 low wing mounted but most dealers installed the special high wing when prepping the car for sale. An adjustable front lower lip/spoiler was installed. Each new owner was given a 1 page legal document to sign stating that any installation of trunk items voided the new car warranty. The ECU had the top speed limiter removed which resulted in a drag induced top speed. Forged 17" alloy wheels, 7½" wide in the front and 8½" wide in the rear, mounted with identically sized 235/40-17 tires front and rear were an additional difference from the standard 17" × 7½" wide cast alloy wheels mounted with 235/40-17 tires on standard M3's. A 3.23 rear differential was installed vs the normal 3.15 installed in 1995 model year M3's.[8]

Although BMW promised to build at least 85 examples, BMW never released the number of M3 LTWs built, and because of the peculiar assembly line, to this day may not be known. However, enthusiasts now believe that there exist approximately 120 models.[9]

The first two cars, which were used as press cars, are not technically M3 LTWs as they were regular production M3s that PTG made similar in appearance to the not-yet-built LTW. After press duties, those two cars were brought back into the PTG stable.

Racing History

In an ironic twist, the car that BMW built to race was hardly raced.
Outside of multiple cars raced in the BMW CCA Club Racing series (an amateur series specific only to BMW models) PTG had between two to four models that they raced in IMSA. It seems that one of those cars was sold to Jeff McMillian, in which he won the SCCA World Challenge series, without winning a single race. One was raced in the SCCA's Touring 1 class by John Browne, and one or two may have been raced in the extinct Motorola Cup.
 

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Amazing car!
 

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It's probably fake...
It's not. I used to be obsessed with the 1995 LTW and I found him on the yahoo user group dedicated to the E36 LTW only to find out he was my neighbor. I've been in the car and it's the real deal.
 

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It's not. I used to be obsessed with the 1995 LTW and I found him on the yahoo user group dedicated to the E36 LTW only to find out he was my neighbor. I've been in the car and it's the real deal.
Very cool then, I know a lot of people tend to slap on the LTW flag & wing

is it Alpine White too?? I'm guessing that's the only color they came in
 

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Very cool then, I know a lot of people tend to slap on the LTW flag & wing

is it Alpine White too?? I'm guessing that's the only color they came in
Yep, a lot of people seem to do that. You can tell if it's a LTW 99% on the interior though. If it has the motorsport cloth and CF trim with badge near the glove box. Alpine white only. Unfortunately my neighbors wasn't optioned with the big LTW rear spoiler that the car is known for, but rather the smaller wing that was available on all e36's. Both were options.

You can see the small wing in this set

e36 BMW M3 Lightweight Edition - a set on Flickr
 

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Yep, a lot of people seem to do that. You can tell if it's a LTW 99% on the interior though. If it has the motorsport cloth and CF trim with badge near the glove box. Alpine white only. Unfortunately my neighbors wasn't optioned with the big LTW rear spoiler that the car is known for, but rather the smaller wing that was available on all e36's. Both were options.

You can see the small wing in this set

e36 BMW M3 Lightweight Edition - a set on Flickr
hey you're from Jersey right?? I think I've talked to you over on E46F
 

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