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Those are the same grills as the previous spotting. I don't think that it's the F32 front end under there, doesn't make any sense. it actually makes less sense than them using the F30 body to test the F32 M3(4). I agree that this is an attempt at an F30 M3.
Realistically, how is the E90 M3 all that different from the E92 M3? Not much different at all. They use the same front fascia and have all of the same internals. All it does is make them more money. It makes zero sense why they would discontinue something that they're developing anyways but for the F32. It will cost them only the extra amount in licensing fees etc. BMW would be very stupid to not continue making the M3 sedan. It might not sell as well as the coupe, but they're developing it anyways, so they might as well make it.
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