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Ladies and gentlemen, be upstanding as the iconic BMW M3 celebrates its 30th anniversary this year. To mark the occasion, Munich has created a special edition BMW M3 “30 Years M3” based on the F80 sedan – you know, since the F82 coupé is now called the M4.

As with the similarly-dubbed anniversary edition M5 from 2014, the “30 Years M3” bundles in the Competition Package; unlike the M5, it doesn’t get any increase in power beyond what was already provided in the pack. As such, the 3.0 litre twin-turbo straight-six makes a still-healthy 450 hp (19 hp more a standard F80) and 550 Nm of torque, paired to either a six-speed manual or a seven-speed M DCT.

Also bundled in the Competition Package are the style 666M 20-inch star-spoke M light alloy wheel, retuned Adaptive M suspension (with new springs, dampers and anti-roll bars), Comfort, Sport and Sport+ drive modes, Active M differential and Dynamic Stability Control (DSC).

Completing the list of included goodies are the High Gloss Shadow Line exterior trim (expanded to include black kidney grilles, fender vent accents, door mirrors, tailpipes and model badge), lightweight M sports seats and seat belts with woven-in BMW M strips.

So, what is unique to the “30 Years M3?” Well, the paint is the biggest single differentiator – it’s Macao Blue metallic, which was offered as a special option on the original E30. Also included is the exclusive full-leather Merino trim in Black/Fjord Blue or Black/Silverstone, as well as a “30 Years M3” logo, incorporated in the fender vents and door sill plates and embroidered in the front headrests.

The BMW M3 “30 Years M3” will be limited to just 500 units worldwide, and there’s even a special numbered logo on the carbon fibre door trim to indicate just how exclusive your car is to your mates. The price for all that? How does a €10,000 premium over the standard Competition Package model in Germany sound?