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The official word - 343 HP M3 (archive)
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Posted by John on February 18, 2000 at 16:19:13:

BMW announces models it will unveil at the Geneva Auto Show with a brief outline of the vehicles, including:

"New: The BMW M3
A wide stance, power domes on the bonnet and large air ducts in the front spoiler are
the distinctive attributes of the new M3. The engine is a newly developed in-line
six-cylinder unit delivering 252 kW/343 bhp, which is transmitted to the road via a
six-speed manual gearbox and an innovative variable M differential lock."

That would be the DIN, Euro specification.
SAE specification used for US HP is sometimes a couple fewer.
More details will be released at the press unveiling in Geneva, Feb 29.

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