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The first real "M" car was the 1973-1974 2002 Turbo. The M1 came later in 1978. I say the 2002 turbo is the first "real" M car as it had the special engine, bodywork, interior, suspension, etc you expect in a real "M" car. The striping was even in "M" colors.
With all of the 2002 stuff hinted at, the accessory program heavily retro, I too think the name will be "M turbo".
Tii is ruled out by me as it was mentioned before their would be a NA tii in the next generation 1. Why would they start a new model they do not plan on continuing or radically changing?
I like M turbo better than M1 too. I have always thought the M1 was sort of overrated. 0-60 in 5.7 seconds! My old Pantera would out run one. It did have light weight and I am sure it was fun to drive, but have always felt the term "Supercar" was a little too strong. It was no Countach or Muria.
M turbo keeps the traditional M1 folks happy and is still a M name that makes some sense. It also sounds pretty cool IMO.
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