I believe on the new Sport package (2010+) you can delete the sport suspension but I'm not aware of it changing your package options/content. As someone with a Sport Package equipped E70 I can honestly say that I would prefer the looks of the Sport package without the suspension but that may just be me.

__________________
The Present:
2014 Audi Q5 TDI Prestige
The Past:
2013 Lexus GS350
2013 VW Golf TDI
2007 BMW X5 4.8i LOADED & Loved
2009 VW Jetta
2008 VW Touareg VR6
2005 BMW X5 3.0i
2005 BMW Z4 3.0i
2004 BMW X5 3.0i
2003 BMW 325i
2000 Ford Explorer Eddie Bauer 4x4