The new BMW M3 GTS, which many expected to be called the CSL, debuted today with a new name and a new look. With power expected to be close to 500 HP, a fire extinguisher is included.

We're still expecting the limited edition BMW M3 GTS to come in at around $150K. For all those greenbacks M buyers will get a more extreme, track-ready M3 sans stereo and A/C with a new body kit and power boosted to 470 HP. More details as we get them. [BMW Blog]

BMW M3 GTS: Less Weight, More Power, More M

BMW M3 GTS: Less Weight, More Power, More M

BMW M3 GTS: Less Weight, More Power, More M

BMW M3 GTS: Less Weight, More Power, More M