How to increase the performance of the BMW M3 engine?

I recently bought a BMW M3 and I am looking for ways to increase the engine's performance. Are there any modifications or upgrades that I can make to maximize the car's performance?

Firstly, you can consider upgrading the car's air intake system and exhaust system. This will allow for better air flow and help the engine produce more power.

Another option is to install a performance chip or tuner. This will optimize the car's engine settings and improve horsepower and torque.