Quote Originally Posted by VooDooXII
Hot diggity damn! What's up with that steering wheel? Shift lights?
Its a BMW Performance Wheel.

Quote Originally Posted by BMWUSA.com
Both the design and function of the BMW Performance Steering Wheel captures the feel and spirit of the racetrack.

Based on Formula One instrumentation, the Performance Steering Wheel displays critical data from the powertrain and chassis and positions it where your eyes focus naturally. Intuitive controls and an icon-based interface provide seamless access to a G-meter, a stopwatch with lap timing functions, a quarter-mile timer, an engine temp readout, and adjustable shift lights. Leather and Alcantaraź designs add a stylish touch to the vehicle interior and harmonize with other BMW Performance accessories.

By giving you access to such a range of functions without having to take your hands from the wheel, this unique accessory lets you set the pace of every drive.