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What settings can I save for the M1/M2 buttons on the multifunction steering wheel in my 2024 BMW X5 M Competition or 2024 BMW X6 M Competition?

You can save individual driving dynamics settings for the red M1/M2 buttons on the multifunction steering wheel in your 2024 BMW X5 M Competition or 2024 BMW X6 M Competition with the following content: Drive, Adaptative M Suspension, Servotronic, Brake, M xDrive, Auto Start/Stop, Drivelogic, M Sound, Dynamic Stability Control (DSC)  and M Dynamic Mode. Configure the settings in BMW iDrive ("SETUP" button > "Configure M1/M2"). Alternatively, you can save the active configuration by pressing and holding the M1 or M2 button. By pressing the button you can activate the saved setup. An active M1/M2 configuration is displayed as an icon in the instrument cluster.

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BMW X5 M and X6 M (2024) | BMW FAQ