"Speaking with Car and Driver in an interview, Friedrich Nitschke, head of M GmbH, admitted that the “three-cylinder is an attractive engine.” He believes that a 1.5-liter, three-cylinder can achieve over 310 hp. In fact, Nitschke believes that might not even be the limit for those powerplants."
http://www.autoguide.com/auto-news/2013/05/3-cylinder-bmw-m-model-a-possibility-says-brand-boss.html
http://www.autoguide.com/auto-news/2013/05/3-cylinder-bmw-m-model-a-possibility-says-brand-boss.html