How do I optimize the handling of my BMW M3 on the track?

I am an amateur track racer and I recently acquired a BMW M3. I'm looking for suggestions and tips on how to improve the handling of the car on the track.

One thing you can do is upgrade your suspension system. This will give you better control and stability on the track. You can also consider adding a sway bar for improved cornering.

Make sure you have proper tire pressure and alignment. This is crucial for optimal handling and can greatly affect your lap times.