Nope, and its not a problem; thats what CAI's do. You removed the stock piping, and resonators which were more restrictive and quieter, and replaced them with this freer flowing piping which makes more noise.
You should have done a little more research first if this is a big issue for you.
P.S. your engine is an I-4 not a V-4
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Just call me.............Mr Hyde
03 Topaz Blue 540i M-Sport
The TL-S / The 540i