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LOL, only a Lambo from Tennessee would have a parachute...did the BMW with the wing have an Arkansas tag?
I believe parachutes are required when you run 200+ mph at the Texas Mile (although I don't believe it's required that you have to use it). Kyle ran 241.7 mph back in Oct. of '09 in that car. Crazy how the lighting in that picture makes that car look yellow, here's a better picture of the car:

 

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Slow in, slower out
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As far as I know, the only BMWs that have seen or will see competition were the Prickstine E30 and Caswell's E30 Baja project. All the other BMWs were cosmetic crap.
 
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