Inside Line reports that BMW’s M division wants to play with the other kids and develop its own car, but it’s got to wait on parent BMW to say Alles klar. This isn’t new; they’ve been public about the desire for at least two years. The holdup, naturally, is that bean-and-spreadsheet wielding boogeyman named The Business Case: any in-house M offering has to feed the profit motive before getting the okay. Funk Flex