BMW’s newest hot wagon is set to be officially revealed later this week, but our European photographers have spied a (mostly) un-camouflaged M5 Touring undergoing final tests in Europe.

    It’s been 14 years since the last M5 wagon rolled off the production line, but the long-roof performance model won’t return with V10 power like its predecessor, instead adopting the plug-in hybrid V8 drivetrain from its sedan sibling.

    Ahead of its August 15 unveiling at Pebble Beach as part of Monterey Car Week, the next M5 Touring has been spied testing in Germany on roads near the infamous Nürburgring.

    These photos are the best look we’ve had at the new wagon so far, and they’re likely to be the last before the official reveal.

    The new M5 Touring will likely be powered by the same twin-turbo 4.4-litre plug-in hybrid V8 with a single electric motor found in the M5 sedan.

    On its own, that engine produces 430kW of power and 750Nm torque, though the transmission-mounted electric motor brings the total to 535kW and 1000Nm.

    The PHEV M5 is one of the most powerful BMW’s ever produced, but it’s also among the heaviest, tipping the scales at 2435kg in sedan form, with the figure expected to go up even further for the M5 Touring.

    In the sedan, drive is sent to all four wheels via an eight-speed automatic transmission, with BMW claiming a 0-100km/h time of 3.5 seconds.

    With its 18.6kWh lithium-ion battery pack, electric-only range in the M5 sedan is limited to 69km. WLTP fuel economy figures range between 1.6L/100km and 10.3L/100km depending on the battery’s charge level.

    All Australian-delivered M5 sedans will include the M Driver’s Package, which raises its top speed from 250km/h to 305km/h.

    Standard equipment for Australian-delivered cars includes adaptive suspension, an M carbon fibre exterior package, and 20- or 21-inch alloy wheels.

    The interior is headlined by a 12.3-inch digital instrument cluster, 14.9-inch touchscreen infotainment system, 18-speaker surround sound system, four-zone climate control, heated and ventilated front seats, heated rear seats, and a heated steering wheel.

    Pricing for the 2025 M5 starts at $259,900 before on-road costs, with the Touring likely to command a small premium.

    MORE: Buy a BMW M5
    MORE: Everything BMW M5
    MORE: 2025 BMW M5 price and specs
    MORE: BMW M5 Touring – Reveal date locked in for hot wagon

    Max Davies

    Max Davies is an automotive journalist based in Melbourne, Australia. Max studied journalism at La Trobe University and stepped into the automotive world after graduating in late 2023. He grew up in regional Victoria, and with a passion for everything motorsport is a fan of Fernando Alonso.

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