Removing the front right wheel arch cover

NOTE: Description is for left component only. Procedure on the right side is identical.

Remove front wheel arch cover

NOTE: To provide a better overview: Schematic diagram with partially hidden components.

Loosen screws (1) and (2).
Release the nut (3).
Detach the clip (4) and feed out the front wheel arch cover (5).

Courtesy of BMW OF NORTH AMERICA, INC.