Zinnoberrot for the Zealous: When E30 M3s Sell for $250,000

Lot #34096 says more about the state of collectibility than it does the motorsport that its heritage belies. It’s easy to make complaints about the perceived value of the E30 M3 in the modern era, and complain we will. 15 years ago, nay, 10 years ago, it would be unheard of that a 2.5 liter commuter would fetch triple digits, but here we are with a 1988 model selling on Bringatrailer.com for $148,000 more than the last BaT trophy holder for “most overpriced.”

What could account for the outrageous prices of these vehicles? Could it be the nostalgic allure of it’s German Touring Championship legacy? That would be reasonable if the specific car had ever stretched it legs on any of the German tracks that had hosted DTM in the late eighties and early nineties, but this one saw nary 250 miles per year. And while the car is one of the winningest touring cars in history, it only took two drivers to championships during its time in the flagship German series. Is it the fault of wealthy Gen X’ers and Millenials that have gone the way of the Boomer, and turned the market into everything that we feared? The classic car market? We think that is more likely. That light-hearted assertion in conjunction with the low supply of average variants seems to boost popularity, and thus demand for all. We’ve seen it happen to third generation RX-7s and Integra Type-Rs. It was only a matter of time and money. With our best Jim Cramer impression, we tell you to “BUY THAT 190 E 2.5-16 EVOLUTION” and do it now.

Buoying the already violent market for non-M cars hurts availability for enthusiasts. What could have forever been the cheap alternative for the average enthusiast to go fast and turn fast, has fallen to the will of the silver-cuff-linked and unapologetic garage queener. The will of the many in this case, dies in the sandstorm powered by the winds of leather bound checkbooks opening and closing by the few.

Thanks for reading! And don’t forget to follow us here on the blog, Instagram @rye30racing, and Facebook @rye30racing. If you’ve read this far and you reside in the United States, give us a follow on Instagram and then DM us an address and we’ll send you two free 4″ RYE30Racing stickers! We appreciate your support! See a picture of the stickers below.

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We’ll be racing plenty over the summer so we can bring you more high quality content like you read above. Our partnership with Diagonalt is still new and exciting, like that of a new romantic relationship, so check out Diagonalt.com for classic BMW prints and coasters (16% off using code “RYE30” at checkout) and calendars for the new year.

Photo Credit: Bringatrailer.com

When E30s Play Dress-Up: 5 Famous E30 Racing Liveries (Including Our Pick for Favorite)

Many things are “understood”. It’s understood that the Earth is round. That plugging a USB connector into a slot will take at least three attempts. That the E30 M3 was a devastating Iron Age implement that changed the tides of war so completely that they nicknamed it, “God’s Chariot.” How did they fuel it? Program the ECU? We may never know. What we do know, is that it was as ruthless of a weapon in competitive touring car racing!

Our, likely contentious, pick for Honorable Mention – The Marlboro/Sony

Bursting onto the scene in 1987 at 8,200 rpm, it graced the Australian Touring Car Championship, then the freshly minted World Touring Car Championship in stride. Tragedy struck immediately at the WTCC showing however, when the judges disqualified each E30 M3-owning team for thin body panels. The hiccups lasted all of one race with Roberto Ravaglia going on to win the driver’s championship in a factory-backed car. In Australia, it poled at the inaugural race of the 1987 ATCC. Even more impressively, it took fourth overall in the 1987 Australian James Hardie 1000, punching up at cars like the Holden Commodore and Nissan Skyline. After the folding of WTCC at the finale of its single season (don’t worry, they come back), the M3 went on to make itself synonymous with the Deutsche Tourenwagen Meisterschaft, or, for those of us who took Spanish as an elective, the German Touring Car Championship.

It didn’t only make kidney shaped dents in DTM though. It went on to dominate plenty of other touring car series and endurance races (and didn’t do too bad in rally) from 1987 to 1993. We’ll give you a few examples of the most recognizable cars so you can impress your friends by mispronouncing the driver’s names in front of strangers at the next Radwood. We’ll ask you to leave politely in Spanish, after we leave you with the official RYE30 Racing “Favorite E30 M3 That We’d Gladly Wake Up in a Tub of Ice with a Missing Kidney to Own” pick.

#1 – The Warsteiner

If you’re seeing a Warsteiner livery, you’re usually looking at a BMW-blessed workhorse. The classic BMW Motorsport stripes bifurcate the front end of the car and are most often accompanied by the Warsteiner logo. This livery donned cars driven by the likes of Roberto Ravaglia and Eric van de Poele. It would be easier to name the championships it didn’t win during the E30 M3’s reign of terror.

Eric van de Poele at the Nürburgring

#2 – The Jagermeister

Armin Hahne deserves to be as well known as the Linder Team E30 M3 “Sport Evo” he piloted in the 1992 DTM season. He raced several touring car series and endurance events across several continents with respectable results that included two wins at the Spa 24 Hour, driving cars from our favorite manufacturer; BMW. The “Sport Evo” underneath all of that orange sported the adjustable rear wing and of course, more power. Other drivers included Wayne Gardner and Frank Schmickler.

Armin Hahne in the Linder Team Jagermeister E30 M3

#3 – The Bastos / Castrol

While the Bastos-Motul livery had been around since the beginning of the E30 M3s career, it’s probably best know for its appearances in rallies like the Tour de Corse, World Rally Championship, and Rally Isle of Man. Drivers like Patrick Snijers and Marc Duez carved out E30 M3 sized ruts in the dirt in blurs of white and red.

Snijers and Colebunder at Rally Manx (Rally Isle of Man) in 1988

#4 – The JPS (John Player Special)

Your eyes do not deceive you. That is the same JPS-styled livery that coated several Lotus F1 chassis throughout the ’70s and early ’80s. Interestingly, unlike with the F1 cars, John Player & Sons was deeply involved in the utilization of the cars via the namesake JPS Team BMW. Apparently opting out of works cars, the team built their own M3s to replace their 635 CSi fleet in 1987. Because we’re still blown away by the brashness of it all, we’ll mention again how it took first in class and fourth overall at the heavenly Mount Panorama on October 4, 1987 by drivers’ Jim Richards and Tony Longhurst.

The JPS Team BMW Richards/Longhurst E30 M3 at Bathurst in 1987

And now for the awarding of the “Favorite E30 M3 That We’d Gladly Wake Up in a Tub of Ice with a Missing Kidney to Own” prize. Otherwise known as the FEMTWGWUIATOIWAMKTO Award, we take great pains to be sure that we knight only the most worthy of this distinction. In this case, that worthiness is bestowed upon the Listerine/Securicor Omega Express E30 M3!

#5 – The Listerine / Securicor Omega Express

The British Touring Car Championship is likely as known for its swarms of E30 M3s as DTM was. Even today, ze German autos sweep the British circuits up like angry governesses upset that the children have again made a mess of the pantry. Why do we like this Vic Lee Motorsport car so much? It just looks cool! In our opinion, it’s only trailed by the classically liveried Marlboro E30 M3 rally cars. But we love its historic drama just as much. The eponymous Vic Lee pulled a John DeLorean in 1993 after £6,000,000 of winter wonderland dust was recovered from one of their car haulers by British customs after suspiciously numerous testing sessions at Zandvoort in Holland (Holland being arguably not-a-country-with-any-BTCC-tracks). Jalopnik has more on the scandal here. Considering the pink Listerine dragon on the hood, you’d think they would have been busted for more than cocaine, but don’t let the teams’ sordid history distract you from the gorgeous and bold Helvetica-esque styling of the black-on-blue Listerine/Securicor Omega Express E30 M3.

BTCC driver William Hoy, in one of the last appearances of the E30 M3 in professional touring car racing

Tell us your favorites in the comments or visit us on Instagram to make fun of our final choice on that platform.

Thanks for reading and don’t forget to follow us here on the blog, Instagram @rye30racing, and Facebook @rye30racing. If you’ve read this far and you reside in the United States, give us a follow on Instagram and then DM us an address so we can send you two free 4″ RYE30Racing stickers! We appreciate your support! See a picture of the stickers below.

We’ll be racing plenty over the summer so we can bring you more high quality content like you read above. Our partnership with Diagonalt is still new and exciting, like that of a new romantic relationship, so check out Diagonalt.com for classic BMW prints and coasters (16% off using code “RYE30” at checkout) and calendars for the new year.

Featured photo by BMW