There have been reports that BMW may not go forward with a BMW M3 Cabriolet since the folding hard top might be two heavy for an M model. But these spy photos, of what appear to be a BMW M3 Cabriolet, show a new muscular front and rear along with a bulge in the hood and quad exhaust pipes. This may imply that BMW is still working on a BMW M3 Cabriolet which we hope will have a carbon fiber roof to lighten up the weight.

Source: automotosport via leftlane