Alpina B5 Bi-Turbo teased just ahead of Goodwood debut

There has been a lot of people following the rumors surrounding the Alpina B5 Bi Turbo and a lot of attempts at creating a rendering of what this highly anticipated car would end up looking like. Finally, we are able to put some of those presumptions to rest. Alpina has unveiled today the first image of the B5 Bi-Turbo that will be unveiled at the Goodwood Festival Of Speed on July 1-4, 2010. Based on the BMW 5-Series, the B5 Bi-Turbo combines luxurious performance, elegant styling, sporty handling, and exclusivity.

The new BMW ALPINA B5 Bi-Turbo combines all of these elements to project a fresh and modern design much like the 2010 BMW Alpina B3 S Biturbo with more of an Alpina B7 look to it.

No details are being divulged as of yet - again, we’re not surprised - but knowing these guys and their capabilities in tuning up BMWs, we figure that it’s going to have something along the lines of what they placed under the hood of their previous work-of-art, the Alpina 7-Series Bi-Turbo. That, of course, was a 4.4-liter V8 engine that produces as much as 500 horsepower and 536 lb/ft of torque. We likey a lot.

And to the tuning house’s credit, they didn’t push the envelope with the B5 Bi-Turbo’s design, opting for a conservative approach that only includes new body kits on the 5-Series’ front lip spoiler and rocket panels, in addition, of course, to a new set of multispoke wheels.

Stay tuned for more updates from Alpina leading up to the B5 Bi-Turbo’s debut at the Goodwood Festival of Speed in a month’s time.

Press release after the jump.