BMW has unveiled its newest concept, the BMW Vision M Next concept, which is clearly inspired by the iconic M1.

The Vision M Next concept is powered by a turbocharged four-cylinder engine that’s mounted at the rear and two electric motors, one on each axle that give it a combined output of 600 horsepower. That’s good enough for a 0-62 mph time of 3.0 seconds and a top speed of 186 mph. The two electric motors are also powerful enough to move the Vision M Next concept down the road without the gas engine, for up to 62 miles.

Since it is a futuristic concept, it’s no surprise that the BMW Vision M Next concept also features autonomous driving capability, which activates once the driver selects the Ease mode. Once the destination is reached, the concept can also park itself.

In addition to taking some inspiration from the M1, the Vision M Next concept also looks like a new i8. BMW hasn’t announced any production plans for the Vision M Next concept.