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The M2 is the BMW sports car we've all been waiting for

BMW M2
BMW M2

BMW

For more than three decades, BMW's Motorsports division has been turning the company's passenger cars into road-going speed machines. This week, BMW unleashed its latest M car, the M2, upon the world.

The introduction of the M2 finally gives BMW's 2-Series its own representative in the company's M lineup. Since it landed on US shores a couple of years ago, the 2-Series has been one BMW's most highly praised models. Consumer Reports gave the M235i a score of 98 out of 100 on its road test. That makes it the third highest rated car in the world and the highest rated car not made by Tesla, according to Consumer Reports.

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We also liked the 2-Series quite a lot.

Have a closer look at the new BMW M2.

In 1985, BMW's Motorsports engineers worked their magic on the company's compact 3-Series coupe. The resulting first generation M3 (known as the E30) was a revelation for sports car buyers.

BMW

The M division followed a simple, but highly effective formula. The M3 paired a powerful inline-four-cylinder engine with ...

BMW

... a world class driving experience and ...

BMW

... some serious racing-derived technology ....

BMW

... all wrapped up in a relatively stylish but still rather German package. The result was a car that has become a cultural icon.

BMW

Over subsequent generations, the M3 coupe got bigger ...

BMW

... faster and ...

BMW

.... more powerful. By its fourth generation, the M3's 4.0 liter, 414 horsepower V8 engine was nearly twice the size and more than double the power of the original M3's 2.3-liter, 197 hp inline-four.

BMW

The latest generation (now known as the M4) is still a spectacular sports car. However, it's gotten incredibly luxurious and expensive. Our most recent BMW M4 Convertible test car cost more than $93,000. That's Porsche 911 territory.

Benjamin Zhang/Business Insider

Thus, the modern M3/M4 has lost a bit of the original version's pure sporting spirit.

BMW

For BMW buyers in the US, the 2-Series represents a return to the ethos of the E30.

BMW

Business Insider's Matt DeBord recently tried out the M235i and was blown away by the experience. Although, the M235i carries the "M" designation, it isn't an official product of the Motorsports division. As Matt put it, the M235i is just a snazzier version of the standard 2-Series coupe.

Matthew DeBord/Business Insider

The M2 gives the 2-Series its own "M" car.

BMW

In the marketplace, the M2 competes against other high performance compacts, such as Audi's RS3 and ...

Audi

... the Mercedes-Benz CLA45 AMG.

Mercedes-Benz

The M2 retains the standard 2-Series' basic body and internal architecture. But BMW's engineers have added some serious performance goodies.

BMW

To start, BMW bulked up the 2-Series' 3.0 twin-scroll, turbocharged inline-6-cylinder engine. For M2 duty, the powerplant produces 365 horsepower— up a beefy 45 horses from the M235i.

BMW

According to BMW, the M2 can make the run to 60 mph in just 4.2 seconds and all the way up to an electronically controlled top speed of 155 mph.

BMW

Although most buyers will opt for BMW's self-shifting double clutch transmission ...

BMW

... purists can still order an M2 with a 6-speed manual!

BMW

Aesthetically, the M2 gets a host of aerodynamic treatments. In addition to giving the car a more muscular stance, they also help the M2 operate more efficiently in a straight line and maintain better stability around the corners.

BMW

Also helping the car go faster are its lightweight aluminum wheels.

BMW

To get the M2 to stop, engineers equipped the car with a set of massive ventilated disc brakes.

BMW

Check out the quad-exhausts.

BMW

BMW also sets the M2 apart from the standard 2-Series with a collection of "M" logos to remind everyone of the car's performance credentials.

BMW

Inside and ...

BMW

... out.

BMW

Inside the cabin, the M2 retains the same layout as the standard 2-Series, but with Alcantara and carbon-fiber trim.

BMW

As with other BMW Group cars, the M2 features the company's iDrive infotainment system. It is generally not well loved, but it gets the job done.

BMW

The M2 arrives in US showrooms in the spring of 2016.

BMW

BMW has not announced official pricing. But some folks have been eagerly anticipating this car, so for them, it maybe not matter much how much the car winds up costing.

BMW

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