Once again BMW has presented a teaser of the upcoming 2012 BMW F10 M5. In this video we can see the new M5 doing some high-speed testing at the Nardò Ring.
The Nardò Ring is a 12.5 kilometers (7.8 mi) long and perfectly round high speed test track located in southern Italy. High speed testing is an important part of the development program for the new BMW M5. As we have seen before, the Germans are testing the engine, suspension and transmission under the most extreme conditions.
The upcoming M5 will be powered by an updated version of the S63 engine found in the BMW X5 M and X6. This 4.4 liter twin turbo V8 is said to deliver 575 horsepower and approximately 720Nm of torque. Thanks to all kind of innovations the fuel consumption and emission levels will be down by more than 25 percent.
The new BMW M5 will be officially unveiled at the M Festival during the 24 hours race at the Nurburgring which takes place between June 23 and 26th, 2011. At this event the M3 EVO will be officially introduced as well.
The M5 will enter the market in early 2012 and it is rumored to have a base price around $ 100,000 mark.
Is the GTspirit contest a scam? Any opinions? I’m starting to think it may be.
@Rich: I don’t think it’s a scam, but it certainly needs to be more open. For example, if there aren’t enough entries, then the winner gets 75% (or something like that) of the proceedings, but it doesn’t say how many entries are needed for the prize to be won.
Also, if I pay £15 to enter a competition to win an Audi R8, but win £225, then I’m going to be a bit peeved that I still paid £15 for the chance to win something far less valuable.
Another annoyance is that the competition holder is taking no risk, so they’re obviously not very confident about their own success. They should give the prize away no matter how many entries they receive, and if they make a loss, then they should have marketed it more effectively.
To prevent making huge losses, they should give away small prizes, like a few laps around a track in a Ferrari, with appropriately small entry fees. Perhaps the first couple of times it will make a loss, but when people see blog posts of the winner and they see that it’s not a scam, they’ll get far more entries, and will make a profit.
I doubt the competitions will ever be popular enough to warrant giving away a supercar, but if they do, and they give the prize away no matter how many entries, then I’ll definitely enter.
I hope the right people read this.
@poor Yeah not to mention none of the “winners” have been posted or we been told what they have actually won. I tried it once and can gaurantee you I will not do it again. Aside from the technical error it has with the countdown clock (which is huge). It just seems to be very illegitimate, wish I would have known. Did this against my better judgement. I want to know what exactly the winners won.
@Rich: All the winners are published here:
http://competitions.gtspirit.com/general.php?page=winners
We asked Ultimate Competitions to add the other winners asap. As Des already said we have been in touch with all winners of the free competitions and their prizes have been send or are on the way.
We are not aware of any technical issues, but please contact Ultimate Competitions directly regarding any technical issues via:
Email: [email protected]
Phone: +44 161 408 0224
We appreciate your feedback and will use any comments you have to make the competitions better.
Hello All, I’m Michael Howe the MD of Ultimate Competitions Ltd.
Firstly I would like to apologise for the delay in updating the winners page, this is something that we have unfortunately overlooked but have now updated. I will personally make sure this never happens again and in future it is updated as soon as we verify the winners.
@Rich: This is definitely not a scam. I am a real person, all the competition prizes are real and Ultimate Competitions Ltd is a real company and has been registered in England since 2007. If you would like to talk to me directly about this or any of the issues you have raised you can call +44 161 408 0224 / +1 646 652 6366 or email [email protected] and I will personally respond.
@Poor: We will look to improve the “openness” of our competitions and will aim to implement the “reserve level” change that you suggested soon. I understand your concern about our use of reserves, but unfortunately these are necessary for us to offer our range of Ultimate Prizes. That said, we have plans to launch a variety of low cost prizes in the near future that will not have reserves.
Once again I would like to thank everybody for your questions, suggestions and comments. These will truly help us to improve our service to you.
If you have any further suggestions or questions please don’t hesitate to contact me via phone +44 161 408 0224 / +1 646 652 6366 or via email – [email protected]
Michael