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I recently purchased a 2005 Z4 (76,000 miles), and I just experienced the same thing (beep, then yellow Brake and Triangle Light (w/exclamation point/semicircle appears on dashboard). It is intermittent. Did you ever find a solution?
The triangle with the arrow around it is for the wheel speed sensor. The triangle with the exclamation point is for tire pressure. Low tire pressure would set both of these lights off.
A yellow explanation point symbol on the dashboard typically applies to the Tire Pressure Monitoring system. A thick ! inside a half drawn flat tire symbol to be complete and comes in yellow color when lit. Under normal vehicle set-up, if this indicator stays lit after the power-on selftest, you need to check your tires for any uneven pressures and adjust their pressures to correct specifications. Okay? : )
A red exclamation point inside a circle when lit indicates your parking brake is on, or your brake fluid level is low.
If it is yellow and looks like a tire it is the flat tire light, and you should check his tire pressure. if it is a yellow triangle with an arrow going around the triangle with a exclamation point in the middle this is your DSC or ASC and if it is on all the time these features are inactive and you should hit the DSC/ASC toggle switch to the right of the drivers window switch. If this symbol just flashes briefly this means the DSC/ASC is presently activating. thest are the tow that I can think of, I hope this helps.
I have the same problem, any answers?
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