BMW has announced the limited edition M3 Frozen Gray Coupe has sold out in 12 minutes. Full details inside.

BMW has announced the limited edition M3 Frozen Gray Coupe was sold out in 12 minutes.

As you may remember, the FGC was built to celebrate the 25th anniversary of the M3. It features exclusive Frozen Gray matte paint, the Competition Package (which has 19-inch alloy wheels and a lowered ride height), Electronic Damping Control, and an M Double Clutch Transmission. Other goodies include Fox Red / Black Novillo leather upholstery, "carbon leather" trim, heated front seats, a premium sound system, GPS navigation, Comfort Access (passive entry), and a one-day enrollment at the BMW Performance Driving School in Spartanburg, South Carolina.

Priced at $77,600, which is $19, 200 more than a standard M3 coupe, the FGC is powered by a 4.0-liter V8 with 414 hp (309 kW / 420 PS) and 295 lb-ft (400 Nm) of torque. It enables the car to accelerate from 0-60 mph in 4.5 seconds.

According to Larry Koch, M Brand Manager for BMW North America, "I'm personally thrilled to see that our customers are as excited about it as we are. We filled the thirty reservation slots within twelve minutes and took the names of at least fifty alternates in the first hour. The 2011 Frozen Gray M3 Coupe will be one of the most unique BMW vehicles ever imported to the US."

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