Chef, I like to change seasonally, by the calender. 2 times a year for most people, I need 3 changes because of the amount of miles I drive. A few can even go a whole year on a change with a heated garage and low miles. Twice a year changes up to 8000 miles each, once during anual state inspection and another 6 months later not exceeding 8000 miles. Waiting and counting miles is tedious and mistake prone. So what if I change based on time with a few less miles, it is convenient to get it done with inspection and again 6 months later.
I would pick an easily available oil based on BMWs requirements, Mobil 1 0w-40 or GC meet the BMW Long-Life 02 spec. A few 5w-40 weight synths are around that are good, but not Long-Life spec: Kendall Full Syn, Syntec 10w-40 and Valvoline Synpower 5w-40 are ACEA A3- a good starting point. Mobil 1 30 weight or Syntec 30 weight ACEA A5 oils would be bare-minium I would not use the Redline in your vehicle. Drive it hard to seat the rings and change oil for winter and again in 6 months.