Good response/advice from Morfinx. Your profile doesn't state what BMW model you drive or the model year; assuming Z4. Be aware that BMW changed the TPMS sensors in the wheels and the corresponding sensors inside the e89 Z4 after 9/2010. My 2011 is a 3/2010 build date that wasn't compatible with a set of wheels/tires I bought off a 2011 iS built after the config change.
The Burger Motor Sport JB4 tuner can turn on/off your TPMS alert using commands from the steering wheel or Macht Schnell makes a box to nullify the TPMS system if you choose a by-pass option. These options are intended to accomodate the track day tire changes from street tires to race tires, ie off road application only.
Sold 2011 Z4, kept 2002 M3
PM for various e89 parts 4sale.