Well first off, welcome to the club.

FYI, the V8 is a 4.4. The sport is a 4.6. I'm sure you will find tons and tons of info here detailing just what you need. And for a helpful tip, when you search for answers, I found the google search gets me better results.

Enjoy!

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Pro motocrosser since 2005. First time BMW owner.
2002 4.4 E53