BMW's M-anaging director Dr. Kay Segler has confirmed the mysterious 1-Series testers we've seeing are indeed testers for a new M-division product. But, it won't wear the M1 moniker. No matter — lighter and faster, please. [Auto-News.de (translated) via Pistonheads]

For the last several weeks we've been sticking with the classics. Cars like the Facel Vega HK500, Mercedes-Benz 300 SL and the all-conquering Bugatti Royale — vehicles that aren't so much pure fantasy as they are automotive high water marks. This week we're turning our attention to a modern classic, and the more things …