[The number of lozenges varies from source by source.]
It looks like a racing flag being shaken, what's very interesting because BMW headquarters are there. By the way, BMW logo includes a stylized Bavarian flag. Have you ever noticed flag?
The coolness of state flag echoed on its capitol city, Munich. The city also use a bicolor flag, but the lozengy variant flag is much more liked.
What's your opinion about the Bavaria and Munich flags? Please, leave a comment.