Update: BMW Concept 1-Series tii Press Release & High-Res Image Gallery

Late last night we unleashed the first official images and data on BMW's Tokyo Show 1-Series tii Concept (click here). Today we're bringing you the official press release along with the high-resolution image gallery, both of which are available after the jump. Concisely, the 1-Series tii concept is a design study (thus meaning, the coupe is not equipped with a powertrain) for a race-inspired, lightweight version of the 1-Series Coupe (click here).

The concept gets an aerodynamic bodykit, black decal stripes, carbon-fibre body panels and 18-inch alloy rims while inside, BMW equipped the tii with sport bucket seats, heaps of alcantara and a white colored rev counter. Now all that's left for BMW to do is to develop a twin-turbocharged 4-cylinder gasoline engine and we're all set to sell everything we have and hit the road.-Press release and image gallery after the jump