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BMW confirms new Mexican plant

After over a year of speculation, BMW is finally officially announcing that it's building a factory in Mexico. The new plant will cost the German automaker roughly $1 billion US and will have a capacity of about 150,000 vehicles a year when complete. However, production won't begin there until 2019.
The new factory is being built near the city of San Luis Potosí, Mexico, with plans to employ about 1,500 people. Unfortunately, BMW is still mum about which models it's producing south of the border. Earlier rumors indicated the possibility of the 3 Series, 1 Series and maybe even Mini models there.
BMW says Mexico's multiple free trade agreements are a major factor in the choice of location of the plant. They make it possible for the automaker to ship models more cheaply to North America, parts of South America and the European Union. "The Americas are among the most important growth markets for the BMW Group. We are continuing our strategy of 'production follows the market,'" said Harald Krueger, the board's head of production, in the company's official announcement.

BMW to follow Honda back into F1?

The economic downturn wrought devastating effects on motor racing. Formula One alone lost half its engine suppliers when Honda left at the end of the 2008 season, and both BMW and Toyota followed at the end of 2009. But things are looking up again. Cosworth may have dropped out this season, reducing the engine suppliers to three: Ferrari, Renault and Mercedes, the latter of which admits that it may have left had the engine formula not changed. But Mercedes has stayed and is dominating the championship. Honda is coming back next season. And word around the paddock is it may not be the only one.
According to Giancarlo Minardi - founder of the team now known as Scuderia Toro Rosso - BMW engineers have been conspicuously spotted lately at F1 test sessions and grands prix, lending to speculation that the new engine regulations may entice the Bavarian automaker back into the series. According to Minardi, BMW's marketing division is pushing for the automaker's return to F1, with the board slated to make a decision in May. BMW would be more likely to consider an engine-supply deal rather than taking a team over like it had with Sauber, but with which team or teams it might collaborate remains a big question mark at this point.
As if that's not enough, Ford is said to be considering taking over Cosworth's aborted V6 turbo engine program to take both outfits back into the sport as well. Cosworth supplied F1 engines under the Ford banner for years, but returned under its own name for four seasons from 2010 through 2013 before shuttering its program to develop an engine to meet the new regulations adopted this season.

Alpina B3 Bi-Turbo burns all the midnight oil

We've got good news and bad news for you, boys and girls, from the floor of the Frankfurt Motor Show. The good news is that the BMW M3 has come early, with a diesel, in wagon form - albeit with a different name. The bad news is that it will in all likelihood never make it to America. Which is a shame, because it's awesome.
What we're talking about, of course, is the new Alpina D3 Bi-Turbo. BMW's wickedly talented but lesser know stepchild has created a 3 Series with a 3.0-liter twin-turbo diesel six packing 345 horsepower and 516 pound-feet of torque. You - and by "you," we mean overseas buyers - can choose between sedan or wagon, as well as rear- or all-wheel drive. But the bottom line is a 4.6-second 0-62 time and a 173-mph top speed... from a diesel.
We scoped out the rear-drive wagon Alpina brought to the show, decked out in its signature blue. And you can, too, in the gallery of live shots above, along with the freshly assembled stock photos of both sedan and wagon versions in the gallery below.