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Yes and no. In a straight 0-60 it's almost a tie but the 1M is harder to launch. If you have traction control on the torque works against you. MDM is your best bet but it will also slow you down.
If you turn TC off and don't know what you are doing you will break the rear loose and slam into the M3 before taking out some light poles. If you are the Stig and have TC off and you are going against a MT M3 you might win.
In a low speed rolling situation where you both jump on it, the 1M is faster until you get to high speed like 80 then the high revving V8 comes into its own and will catch up and pass you.
So at normal around town situations the 1M is quicker if you manage traction but the M3 rules the high speed stuff in stock trim.
That is what makes the 1M special .... It's a blast at the speeds we normally drive in the US whereas the M3 comes into its element at higher speeds and revs. So enjoy you 1M but respect the M3, it's a great machine with different strengths.
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