When will we get the E65 760Li???

I've heard rumors of a 760Li and I was wondering if they were true and if so, when were we going to get it. One would think that an engine of that size should be called an M7, but I also heard of this 6-litre being a V12. Could someone please enlighten me? I love German cars and a Bimmer with a 6-litre tag on it sparks my intrest.

-Thanx- :wave: