Automaker BMW has unveiled a new production process for carbon-fibre reinforced plastic components that can help automotive industry achieve a weight-to-power ratio of 7.7lbs/hp for sports cars.

BMW recently took wraps off the BMW M3 CRT, in which ‘CRT’ stands for carbon racing technology. The use of CRT initials is apt as the automaker made widespread use of carbon-fibre reinforced plastic components in the car. The use of carbon-fibre reinforced plastic components has allowed the manufacturer to hack the car's weight by 70kg to 1580kg.

Unveiled as a part of M Night event ahead of 24 Hours of Nurburgring, the new BMW M3 CRT comes equipped with a 4360cc V8 engine. The engine generates 331kW at 8300rpm and 440Nm at 3750rpm, and power is pushed to the rear wheels via a 7-speed M DCT dual clutch transmission.

The new vehicle, the lighter and sharper version of the existing muscular M3 Sport Sedan, is capable of accelerating from zero to 100kmph in just 4.4 seconds.

The upcoming car, which will available with a price tag of around £116,000, will be able to sprint from zero to 62 mph in merely 4.4 seconds. Its top speed has been restricted to 290kph.

However, the M3 CRT will probably not be available for every enthusiast as BMW has plans to produce only 67 units of the upcoming vehicle, which will around £116,000.