It Came from eBay Hell: The BMW Z3 Miata Edition

Back in 1989, Mazda took the automotive world by surprise with the launch of the MX-5, also known as Miata in North America and Eunos Roadster in Japan.

The frisky and affordable rear-wheel drive MX-5 was an instant success and as a result, many carmakers tried to emulate Mazda's move by presenting their own compact-sized roadsters, including BMW, which introduced the Z3 in 1996 shortly after being featured in the James Bond movie, Golden Eye.

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BMW Car Club GB Announces its First Ever 'Z-Fest'

On the occasion of its 60th anniversary, the official BMW Car Club GB will host its first ever "Z-Fest" gathering at this summer’s Silverstone Classic from July 20 to 22, promising to bring together hundreds of Z1, Z3, Z4 and Z8 sports cars, all of which will participate in a special parade lap on the full Silverstone Grand Prix circuit.

“We wanted to do something spectacular to mark our anniversary and staging the UK’s first Z-Fest at the world’s biggest classic racing festival certainly fits that bill,” said Steve Miller, general manager of the BMW Car Club (GB).

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Video: Watch a BMW Z3 5.0 V10 go from 0 to 340km/h+

If you thought the short clip of the all-new 2012 BMW M5 reaching 300km/h (187mph) on the German Autobahn was cool, wait until you get a load of this clip.

What you're about to watch is footage from a steering-wheel mounted camera -hence the wobbly picture- of a specially modified BWM Z3 racecar accelerating from zero to a little over 340km/h (211mph+) in less than 20 seconds.

As you may have imagined, this is no ordinary Z3 Coupe as it is fitted with a 5.0-liter V10 engine sourced from the previous M5 saloon / M6 Coupe & Cabriolet models, delivering 530HP and 600Nm (442.5 lb-ft) of peak torque.

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