2012 BMW M5 spotted with no camouflage or just the M-Sport Package with a Performance Exhaust?

This vehicle shows some M-specific elements that made automobile journalists think that it is the new M5 with no camouflage. This rear shot resembles the several test mules seen in the past months. However, it can also just be an M-Sport Package with a Performance Exhaust. We cannot yet confirm at the moment. Please stay tuned for more reports about the new BMW M5 sightings.

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