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As stated in Geneva in March 2004 the M5 will have over 500 HP. The M5 will be able to put out over 100 HP / litre. The official specifications are:

Engine code: S65
8250 rpm redline
507 HP (373 kW) @ 7750 rpm
520 Nm torque @ 6100 rpm
Weight: 240 kg
Stroke: 75,2 mm Bore: 92 mm
MS S65 engine managements hardware, software and functioning are developed in-house at BMW M
Gearshifts are possible with the SMGIII even with the throttle pressed fully to the floor.
bmw m5 by lue_driver March 31, 2005
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A beautiful German sedan that looks like any regular stylish sedan but has the blood of a high performance sports car. It will smoke your average ricey import.
The guy in the BMW M5 just smoked my little Honda by 100 car lenghts! WTF! I thought it was just a regular family car I was trying to race for fun!!! This isn't fair!
BMW M5 by import_killer July 24, 2008
An autobahn dwelling sedan who's sole goal is to smack around porsches.
Holy shit!! That bmw m5 just ate the turbo!!
bmw m5 by sean April 3, 2003
A beautiful German sedan that looks like any regular stylish sedan but has the blood of a high performance sports car. It will smoke your average ricey import.
The guy in the BMW M5 just smoked my little Honda by 100 car lenghts! WTF! I thought it was just a regular family car I was trying to race for fun!!! This isn't fair!The guy in the BMW M5 just smoked my little Honda by 100 car lenghts! WTF! I thought it was just a regular family car I was trying to race for fun!!! This isn't fair!!
BMW M5 by Jeret July 30, 2008
A German sedan that is capable of leaving any japanese rice trash in its dust.
"The M5 just blew the doors off that pathetic honda civic."
BMW M5 by turbine April 14, 2004

bmw m5 e39 

a Badass car that gives you a lot of chicks. Also it's very fast. Probably the best sports sedan made in 2000s.
Omg he bought a BMW m5 e39, he's so badass