BMW is reportedly studying the viability to built a true supercar for 30 years since its original, limited-edition M1 model, a "high ranking insider" at the firm insists management is trying to reinvent its performance image with a new 'green' supercar, with the ultimate goal to create a two-seater sports car that showcases all of firm’s most sophisticated environmental technology. A limited production run would be timed for release at the end of 2012.