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BMW used today’s Chicago Auto Show to announce that it will be returning to the arena of the American Le Mans Series (ALMS) next year with two new race-prepped versions of its latest E92 M3 Coupe set to join the GT2 class. The 2009 entry into the ALMS will be driven by a partnership between BMW of North America and Rahal Letterman Racing, which is also co-owned by US motorsport legend Bobby Rahal.

The race car features a 485hp version of the 4.0L high-rev V8 engine, a race-tuned chassis, a significantly wider and lighter body and plenty of carbon-fiber pieces.

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Revealed: BMW M3 LeMans car

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