7:58 Ring time puts the M2 in some really good company:
http://fastestlaps.com/tracks/nordschleife
100 Porsche Cayman S (981) Walter Rohrl 7:55.00 325 / 1320
101 Ferrari F430 7:55.00 490 / 1450
102 Caterham R500 1.8L K Series Robert Nearn 7:55.00 233 / 450
103 BMW M5 (F10) 7:55.00 560 / 1870
104 Mercedes-Benz E 63 AMG S-Model Horst von Saurma 7:55.00 585 / 1840
105 Porsche 911 Turbo (996) 7:56.00 420 / 1540
106 Ferrari 360 CS 7:56.00 425 / 1280
107 Ferrari California GT 7:56.00 460 / 1787
108 Panamera Sport Chrono Turbo Walter Rohrl 7:56.00 500 / 1974
109 Porsche Panamera Turbo Walter Rohrl 7:56.00 500 / 1870
110 Chevrolet Corvette Z06 Dave Hill 7:56.00 411 / 1414
111 Porsche 911 Carrera S (997) 7:56.00 355 / 1420
112 SLS AMG Coupe Electric Drive 7:56.23 751 / 2095
113 Porsche 911 GT3 (996) Walter Rohrl 7:56.33 360 / 1350
114 Honda NSX-R Motoharu Kurosawa 7:56.73 280 / 1270
115 Porsche Boxster S (981) 7:58.00 315 / 1320
116 Seat Leon Cupra 280 DSG Jordi Gene 7:58.40 280 / 1346
117 Chevrolet Corvette C6 7:59.00 405 / 1470
118 Jaguar XKR-S Convertible Sascha Bert 7:59.00 550 / 1897
119 Audi RS5 Horst von Saurma 7:59.00 450 / 1686