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For the 5th year in a row, the E46 M3's S54 engine was once again named "Engine of the Year" in its category. It beat the brand new Porsche 3.8 litre and others.
Also, the the new M5 V-10 took engine of the year for the following:
-International Engine of the Year
-Best New Engine
-Best Performance Engine
-Above 4 litre Engine
and of all things a BMW 3.0 liter sequential twin turbo diesel won best 2.5 liter - 3.0 liter category... beating the N/A gas (petrol) powered 3.0 liter straight 6...