The car is an '89 740 Turbo. No V8 swap, it's just a middle class family hauler with over 310,000 miles on the dash. Watch it slide through the snow in rear-drive perfection.
The hoons at Darkcar video have mastered the formula of cool old car + sideways + slow motion = epic film. Add more engine noise and you'd have a perfect 10/10.
(Hat tip to: Banovsky!)