It was an 87' BMW 325is, it's in the process of becoming an 87' 357is...
Right now I'm in the process of putting a 2000 Corvette motor (LS1) and T56 6 speed tranny into it. Aluminum V8, will add nothing weight or distribution wise but will bump hp from 160 to 400ish. My dad and I are doing all the work ourselves. Started last June, hope to be done by the end of this summer...
Oh, and it's getting BBS, Recaro's, 4pt harnesses, and a roll cage plus some various suspension shit, only thing that sucks is I've put all my money into this thing.
Here's how it looks right now, although it has a foam mock up motor and the tranny sitting in it...