What are the advantages of using carbon fiber in the BMW M9's construction?

I've heard that the BMW M9 uses carbon fiber in its construction, but I'm not sure why. What benefits does this material provide for the car?

Carbon fiber is much lighter than traditional materials like steel, which reduces the overall weight of the car. This allows for better handling and performance on the road.

The use of carbon fiber also results in a lower center of gravity, making the BMW M9 more stable and providing a smoother ride.

In addition, carbon fiber is incredibly strong and durable, making it less likely for the car to sustain damage in a crash.