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There is no doubt anymore, the BMW Z2 is real and it will be released by BMW sometimes around 2012. The Z2 will be based on the 1 Series Coupe design and it will cover the entry-level sports roadster market. This move will obviously push the new designed BMW Z4 up a class and it will allow for the entry-level roadster to be priced more accurately to the market demand, and even attract a new crowd.

As we have reported before, by using a similar platform as the current 1 Series, BMW is looking to design a light but fast roadster, soft-top of course, in order to reduce the weight and pricing. The entry-level model(most likely for Europe) might be powered by 120 horsepower, while the higher end model, will feature a turbocharged engine with 211 ponies. If built, the BMW Z2 will most likely use the four cylinder enginesdeveloped together with the French company PSA. But we all know that it’s still too early to speculate on the engines, so who knows…we might even see the quad-turbo four cylinder in there.

Now, here is what I have new for you today. The friends at GlobalMotors.net , through a very talented artist, Andreas Conradt, put together some pretty damn cool renderings of the BMW Z2 and let me tell you, if the roadster will look like this, they have a new customer for sure.

I showed this computer generated images to one of my friends at BMW and without divulging too much, he confirmed that the artist is DEFINETELY on the right track.

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Renderings: Could this be the BMW Z2?

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