I'm sure BMW will find a way to put an M on it an not be an M1 perhaps something like 135M or what have you.
I'm interested in this sport hatch that Scott has mentioned. Any chance for a future 135 hatch in the states? A four door hatch 135 with AWD would be a perfect upgrade for me. I'm sure it won't happen so I'll look for the 1 series M or used M3 most likely but I can hope.