In the spirit of Calder, Stella, Lichtenstein, Warhol, and Holzer, BMW announced today that the 17th Art Car created by Jeff Koons will race where the first rolling pieces of art by legendary artists raced – at the 24 Hours of Le Mans in France, June 12-13, 2010. Koons’ canvas is a BMW M3 GT2, which was homologated to compete at this year’s running of the world’s most famous endurance race.

The BMW Z4 GT3, which was officially launched and completed its first test drives at the start of March, is already enjoying great popularity among BMW Motorsport customers. The first cars have been delivered to private BMW teams, who will prepare them for use in various national and international championships.

BMW’s M division has developed a new speed bicycle for more serious cycling enthusiasts. The BMW M Bike will be produced in a limited edition, and will be sold both online and through certain BMW dealerships.

Nowack Motors has unveiled a new tuning package for the BMW X5/X6 M. Dubbed the N700 4.8, the package features a complete revamp of the 4.4-liter twin-turbo V8 engine. According to Nowack, customers simply need to “deliver a standard X5 M or X6 M” and they’ll “strip it back to a skeleton.”

The new Vorsteiner line of aero products for the BMW 7 Series short wheelbase and long wheelbase (codenamed F01 and F02 respectively) has been announced. Called the BMW VR-7 Sportiv Aero Package, it covers aerodynamic components that enhance the car’s looks to give it a more aggressive yet elegant appearance.