Lot 8

2019   |   Amelia Island 2019

1988 BMW M3

SOLD $95,200


$90,000 - $120,000| Without Reserve



Car Highlights

Finished in Hennarot, One of the Rarest of All E30 M3 Colors
Benefits from Recent Rejuvenation Program by Marque Experts Enthusiast Auto Group
Less than 44,000 Miles; Retains Matching-Numbers Engine per BMW Group Records
Formerly Owned by IndyCar Driver Graham Rahal
Complete with Books, Tools, Jack, and Spare Tire

Technical Specs

2,302 CC DOHC S14 Inline 4-Cylinder Engine
Bosch Fuel Injection
192 BHP at 6,700 RPM
5-Speed Manual Gearbox
4-Wheel Disc Brakes with ABS
Front Independent Suspension with MacPherson Struts
Rear Independent Semi-Trailing-Arm Suspension
Register to Bid

BMW created the M3 homologation special in order to compete in the European Group A Touring Car Championship. The German automaker was required to produce 5,000 units, so buyers were treated to a high-performance road car that was the basis for one of the most successful Touring Car competitors of all time.

This lovely early example was completed on May 4, 1987, finished in the highly desirable shade of Hennarot (Henna Red), one of the rarest of E30 M3 colors, as it was available only for about the first six months of production. The consignor, Enthusiast Auto Group, one of the country’s foremost BMW experts, acquired the car in 2018 and, after inspection, states that it retains all of its original body panels. As one of less than 200 Hennarot examples believed produced for the North American market, it is even rarer with its black leather interior.

The M3 previously spent time in the collection of IndyCar driver Graham Rahal and recently received a comprehensive service by the Enthusiast Auto Group, with meticulous work to both the mechanical and cosmetic elements of the car. Minute items such as hose clamps and fasteners were replaced with genuine BMW parts in order to make this car factory-correct and functional. Offered with a CARFAX Vehicle History Report, books, tools, jack, and detailed receipts, this car represents an outstanding example of BMW’s legendary high-performance E30 M3.