We have heard rumors about a possible M235i ever since BMW->ke178 unveiled the M135i Concept at the 2012 Geneva Motor Show->ke228. Back then it was rumored that the production version would carry the same M135i nomenclature, but considering that BMW has changed its naming system, the two-door coupe version will be called M235i.

Until now, all we had were rumors and speculation, but today our spy photographers caught the M235i lapping the Nürburgring. As expected, the prototype is heavily camouflaged, but it is pretty obvious it will carry an aggressive exterior look similar to other M models.

Under the hood, rumors suggest we are going to see the same engine we saw in the M135i Concept, which is a straight-six-cylinder engine with M Performance Twin Power Turbo technology that puts down more than 300 horsepower. The model will also be equipped with a rear-wheel-drive layout and sports suspension setup.

Click past the jump to read more about the M235i

Spy shots

The prototypes we caught testing today were fully camouflaged, but even so, we can speculate a little bit on the things to come. The M235i Coupe will feature an aggressive exterior language with an M-style front bumper with large air intake for optimized engine cooling. There will also be a set of headlamps similar to what we have seen in all the latest models, plus the usual slightly forward-slanting BMW kidney grille.

The rear will also get an M-style bumper, taillights like the ones we see on the new 3-Series, a trunk-lid spoiler and a sports exhaust system.

Competition

Audi TTS

When it comes to tiny sports coupe, the Audi TT-S is a model that garners plenty of attention. It is powered by a 2.0-liter TFSI engine that delivers a total output of 272 horsepower and 258 pound-feet of torque. It can sprint from 0 to 60 mph in 5.2 seconds and top speed is limited to 155 mph.

The TT-S has it all: great look, enough power and a good price (about $47k). Of course, let’s not forget for those with a little more money to burn, there is also the TT-RS alternative.

Nissan 370Z

A car with an even greater look is the 370Z. It is powered by a 3.7-liter VQ37VHR engine that delivers a total of 332 horsepower and 270 pound-feet of torque. It can sprint from 0 to 60 mph in 4.5 seconds, while top speed is also limited to 155 mph. The 370Z is even cheaper than the TT-S, as its price starts at $33,120.