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The BMW S54 won the “International Engine of the Year” award at its inception in 2001 and was consistently on “Ward’s 10 Best Engines” list for four years. It’s hard to argue against the E46, an 8,000 rpm, 3.2L straight-6 producing over 330 hp and 260 ft-lb of torque, with a competent chassis, an exhaust note that straightens the neck hair of all within earshot, and a body styling that is unmatched in uniqueness. Although my opinion is slightly skewed, being a fan of most BMW products, many would agree that the E46 was a fantastic vehicle for the street and even better for the track. E46 M3 pricing has trickled downward over the past few years, meaning that even those on a tighter budget can find their way into the cockpit of one of BMW’s finest. We are seeing