Great! I recently bought an E36 M3 track car too.
What are the plans?
Planning on doing any engine mods? Which engine does it have by the way?
The Phase I plan is:
-- JRZ RS suspension (w/race plates, weight jackers, Eibach 700 F and 800 R springs)
-- Ground Control F and R sway bars
-- Ground Control adjustable rear lower control arms
-- F and R control arm bushings
-- Engine and transmission mounts
-- PWR radiator and Stewart water pump
-- Rogue short-shift kit
-- Kirk roll bar
-- Racetech 4000W seats
-- Teamtech 6-point harnesses
-- Kosei K1 wheels w/Toyp R888 235/40/17 rubber
-- AA Gen 3 exhaust
-- Various other upgrades, including stainless brake lines, brass brake caliper guides, new rotors, Hawk HT10 pads, Momo wheel, etc.
-- Also replacing some worn parts -- steering rack, front control arms, tie rods
The engine is the US 3.2L. Most likely, this winter I will do a cam/intake/headers upgrade. I am toying with the idea of doing a Euro 321-hp motor, but it appears that I can get nearly the same power with the former route. Flywheel/clutch also is on the horizon.