Joe’s M3: Proving His Potential

Photo credit: CaliPhoto

When building a track car, it’s almost always easier to take the paved path. Picking a platform that has been thoroughly developed, with available parts for every possible problem and associated forums filled with information help get the driver to the track without much wrenching.

Not that ease was the main reason Joe McGuigan decided to add an eighth car to his collection — he did that because his friends urged him to try the car he’d avoided for a while. They were tired of watching him struggle with his trailblazing passion projects. They said he’d be able to save himself time if he just joined the tribe and bought an E46 M3.

When Spencer Kimball decided to sell the E46 he’d built for his father, whose injuries prevented him from enjoying it, half of the greater NorCal track community flooded his inbox. Spencer had already proven he knew how to put a seriously quick M3 together, and this example checked just about every box a track car needs to. Plus, the price was impossible to argue with. It would make some track rat a very happy owner soon enough, but an iconoclast like Joe? Not likely.

He was well aware of the M3’s potential, but he never found it interesting enough to build one himself. He preferred the challenge of developing a less-loved car, and always found the E46 M3’s competence a bit boring. Too easy to drive quickly, too easy to build. Not enough of a challenge for a man trying to prove a point.

However, the long list of primo parts and the low, low price were too tough to ignore. Joe had to accept the “boring” car for the simple fact that he would no longer be able to handicap himself with a sub-par chassis. “I could show people how fast I really am,” he added. Rather than prove a point as a builder, he could prove himself as a driver.

He mulled it over for a few days before pulling the trigger. Picking it up on the way home was the easy part. Driving it back to his crowded driveway, it dawned on him how big a task he’d set for himself: “Now I’ve gotta put my money where my mouth is and build a really fast car,” he said.

Fortunately, the car was already well on its way towards perfection. Spencer had big plans for the build and sank a good amount of money into making it fast, reliable, and fun to drive. The short list includes:

• Shaftworks USA coilovers with 500/750-lb springs

• Custom Drexler-style 1.5-way differential

• 4.10 gears

• SPL arms

• Supersprint V1 header

• CSL intake

• HTE tune

• E90 GTS rear wing

• Bimmerworld diffuser

• Bimmerworld 3” exhaust

• PFC ZR45 BBK

• APEX Wheels 18x10" ET25 Forged VS-5RS

Those and a few minor mods were all Joe needed to set some competitive times. The first track day was a few days after pickup, so he only had time for an alignment and a fluid flush. Nevertheless, its first outing in his hands, a two-day event at Buttonwillow, was a success.

He found it fast and forgiving, with a linear power delivery and direct steering. Those qualities, plus a hint too much understeer, helped Joe get on top of the car in a session. By the end of the first day, he lapped Buttonwillow 13CW in 1:56.3 — on an old set of Toyo RRs, no less. The predictive timer showed an optimal lap a half-second faster which, funnily enough, is one tenth shy of his best-ever time at 13CW in his well-developed IS-F.

He’s already sussed out its shortcomings and drummed up a short list of solutions which he plans to implement soon. Being able to knock out problems quickly with the support of a vast market is one of the reasons going with a well-loved platform makes sense. “I plan to move pretty quickly with this build. Who knows? I might sell it next year,” he laughed.

The brakes are capable, but the pads might need to be changed as the initial bite wasn’t strong enough to give him much confidence. The spring rates are too low; the owner before Spencer had specced them for autocross. It’ll receive MCS two-ways, a TC Designs cage, reinforced swaybar brackets, and full Zebulon/Buildjournal aero in the next couple months.

But the bones are good, as they say, and it’s already fast enough to aim for some of the times set by friends and colleagues in the E46 scene. While he hasn’t given up on his IS-F, he’ll fixate on beating the established BMW benchmarks for the time being.

Andrew from Buildjournal has taken his E46 M3 just about as far as anyone on the West Coast has, and his car can turn a lap around 13CW in the 1:49s. “I’m sure its capable of something in the low 1:50s with weight reduction, a better setup, and full aero,” Joe declared. There’s no reason to doubt it.

The potential is obvious, the build is nearly finished, his connections are eager to help him, and all he’s had to suffer is a little boredom. The E46 might not pull at the heartstrings like some passion projects, but he can’t deny the potential that the project holds — and the fun he’s already had with it — has caused him to change his tune.