BMW explored the idea of an E46 M3 Touring as far back as 2000, building a fully functioning prototype to assess a high-performance estate’s production potential. Yet despite clear enthusiasm, the project was never signed off – leaving determined enthusiasts to create their own. Until now.
UK restoration firm Petroyle has finally made the E46 M3 Touring a production reality, completing its first example as part of a 50-car run, with prices starting from £130,000.

Rather than a one-off conversion, Petroyle’s build has been developed as a repeatable, low-volume production process, transforming E46 coupés into OEM-quality Touring models.
The original concept has long held cult status among the BMW fraternity, particularly given the direction of the modern BMW M3 Touring (G81), whose twin-turbocharged, all-wheel-drive layout stands in stark contrast to the naturally aspirated, rear-driven E46.

The conversion requires extensive reworking of the body and structure, including the fabrication and reinforcement of numerous rear-end components. Several panels – including the rear bumper, front wings and sills – are produced in lightweight carbon fibre to balance weight, rigidity and cost.
Each car retains the E46’s period character via the BMW S54 engine, with zero-mile units available. Customers seeking more power can also specify later BMW V8 or V10 engines, alongside bespoke paint, trim and materials.

While the first completed example wears Laguna Blue paint and tan leather, the build closely mirrors the original concept in every other detail, from stance to wheel fitment.
Production will be limited to 50 built-to-order cars, with first deliveries expected in the coming months.