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BMW is hard at work on the replacement for the current Z4 roadster, and a developmental test mule has been caught on video running laps around the vaunted Nurburgring. Despite the heavy camouflage, we can tell from the footage – which seems to follow the test mule around the Ring and into a nearby garage with conspicuous “look at me” accuracy – that the new roadster, due in 2010, will retain the current model’s long nose and short rear decklid. Styling is expected to follow the theme set down by the Concept CS unveiled in Shanghai last year, but the real clincher is that the new roadster will feature a retractable hard top. That means it will be heavier than the outgoing model, but will keep up on the marketplace with hard-top competition from above (Mercedes SLK) and below (Mazda MX-5). Follow the jump to watch the video.

[Source: Motor Authority via PistonHeads]

The BMW Blog, which is fast becoming our main resource for news regarding the propellor brand, is reporting that the 2009 Z4 will be offered both as a soft-top convertible and a hard-top. Much like Mazda offers the MX-5 with a traditional softy and a separate model with a folding hard top, BMW will reportedly do the same for the Z4. In this competitive market for the upper middle class dollar, BMW will be able to satisfy traditionalists and performance purists who like the ease-of-use and lighter weight of a soft-top convertible, while also addressing the needs of buyers who want a Z4 that’s useable all year round. The Z4’s main competition, the Mercedes-Benz SLK, is only offered as a hard-top convertible, which also gives BMW a leg up on its main rival in this segment. It’s hard to argue with an automaker offering customers more choice, and we’re eager to see how the Z4’s unique styling blends with a hard roof. We’ve already seen spy pics of the car wearing the metal roof, which led many of us to believe that the new hard top would be the only option. We’ll have to wait and see whether BMW Blog got it right and the brand it favors will be offering both, but this blog has been right before. Thanks for the tip, Horatiu!

[Source: BMW Blog]