The wait is almost over. Next week, BMW will finally unveil the new 2016 BMW 7 Series. The web debut is scheduled for June 10th and BMW will even provide a live feed from its unveiling which you can watch it here in the video player below. The new G01/G02 7 Series will stay true to its formula and will be offered with a standard and a long-wheelbase configuration. According to a customer attending a BMW 7 Series preview event, the U.S. market will only get the extended version of the 7er, but interesting enough, it will carry the “i” designation instead of the usual “Li”.

BMW says the new 2016 BMW 750i will run from 0 to 62 mph in just 4.3 seconds, nearly as fast as the almighty M5. Customers looking to order the laser lights option for the new 7 Series might have to wait a bit longer, the government agencies here have yet to approve them. People that have seen the car are raving about the quality of the materials used inside the cabin and the in-car tech.

Weight loss is another important component of the new 7 Series that BMW is very proud of.

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Using an all-new EfficientLightweigh chassis, which uses an extensive amount of CFRP (Carbon Fiber Reinforced Plastic) in the passenger cell and aluminum in the chassis, the new G11/G12 7 Series will weigh 130 kg (286 lbs) less than the previous generation. That’s an impressive number for a car that gets more tech with every iteration.

The G11/G12 will be receiving an all new inline-six engine from BMW’s latest generation of engines. It will be a gasoline powered I6 with a twin-scroll turbocharger, aluminum crankcase, cylinder head and oil sump. The U.S. market will likely get the V12 6.0 liter 760i model also, along with the powerful V8 4.4 liter found in the 750i.

Next test drives are scheduled in August when we will be able to tell you all about the production version, but in the mean time, don’t forget to return next week to see the live unveil.