The guys over at M5Board got their hands on the first picture of the upcoming F10 M5 Engine Bay! This motor is at the heart of all the M5 speculation at the moment. What is known is that this motor is based on the Twin Turbo V8 unit currently motivating the X5 and X6 M. However, it has undergone modification for use in the M5 and BMW is clutching onto the exact power and torque figures, keeping us all in suspense.

The S63 Twin Turbo V8 is rumored to producing more power and torque then the equivalent X5/X6M unit while produce 25% less emmisions then the outgoing V10 powered E60 M5.

We are hoping to see this car debut at the M Festival in June, until then, enjoy … CONTINUED

M-Power.com has just published a new video of the F10 M5 at BMW’s own racetrack in Miramas, France. BMW gives us another glimpse at the testing procedures they perform, including high speed (> 300 km/h or 190mph), launch control vs. smoky burnout, wet handling course and general performance testing. They have obviously also reworked the launch control function of the M DCT and gives us a neat demonstration. The BMW engineers are optimizing the new BMW M5 even for extreme conditions. This video documents the testing of the new BMW M5 at the test-track in Miramas, France.

BMW suggests that testing on the wet handling course shows that “the BMW M5 can be perfectly balanced with the gas pedal – whether in M Dynamic Mode of with … CONTINUED

A 5POST member spotted this FEP-stage F10 M5 recently and was able to capture video and photos. According to him (and a BMW master technician family member), he believes he possibly witnessed a F10 M5 manual transmission and ceramic brakes. What do you think? View the video and photos inside.

We’ve reported before about the M Festival taking place at the Nürburgring from June 23rd through June 26th 2011. It’s a four day event comprising of many highlights like the M Night on Thursday evening, an M parade on the Ring on Friday and of course the Nürburgring 24h race on Saturday and Sunday.

What caught our attention in a recent interview about the M Festival is an announcement that they “will be taking the opportunity to exclusively present two brand-new M automobiles for the very first time” at the M Night. We already know, as previously announced, that one of the M cars will be the lightweight M3 sedan which is supposed to be called M3 EVO. The only other M car we could speculate as … CONTINUED

EVO has posted a great video review of a preproduction F10 M5 by Chris Harris, filmed in the Swedish winter. If you’ll recall, EVO previously posted a bit of a teaser clip and article in which it was confirmed that the new M5 will have at least 555hp (that’s the output of the X5 M and X6 M) and that “there’s a seven-speed DCT dual clutch transmission with three different shift speeds and a fully automatic mode.

This video gives us a better sense of the visceral experience of the F10 M5, along with some additional reactions by Chris Harris. We’ve provided some cliffs notes and the video is inside.

Here is another video featuring the BMW Concept M5. Some weeks after the Unveil in Garching, BMW is currently showcasing the Concept M5 at the 2011 Shanghai Motor Show, and M-Power.com has just released a video of the VIP preview event, featuring some M enthusiasts prediction and then reaction to the M5 unveil.

Here it is - the pre-production F10 M5 with as little camouflage as we have ever seen it with. With most of the front bumper exposed, it’s easy to see that it will basically mirror the front fascia of the concept F10 M5 revealed last month. These sleeker (than concept) side mirrors were not revealed on the concept F10 M5, but should debut on the production F10 M5 in Frankfurt later this year, at the production M5’s world reveal. Expect these wheels to be production intent.

Thes black F10 M5 prototype car shown below also has chrome exterior trim, which indicates to us that it may be an available option for future F10 M5 owners.

The interior looks to be complete and a good indication of what the … CONTINUED

We had a chance to sit down and interview the gracious Matt Russell, M Brand and Alpina Manager for the US, at the 2011 New York International Auto Show. Like us, Matt is a BMW enthusiast through and through. He races BMWs and describes himself as the biggest manual transmission purist he knows. We posed to Matt some commonly asked questions among our forums and members, and are able to share with you the following insights.

Auto Motor und Sport brings us a great F10 M5 video clip. This one features plenty of hotlapping on the Nurburgring and even some controlled powersliding on the wet track.