Yep, bend the bracket that holds the switch. Older e30's had a threaded body, but the newer ones just clip in. I had the same problem with my 325i.
Or you could do it the hard way, adjust the master cylinder rod. Pull the spring clip from the brake clevis, pop the fastening stud out, loosen the lock nut on the rod, adjust to proper length, then reverse for reassembly.
Trust me, bending the bracket is far easier & tweaking it a bit will last for years. If you need more clearance you can pull the brake switch out too. There's a collar around the switch button that you can pull out. When you get it far enough it'll click and you can then squeeze the plastic body clips that hold the switch into the bracket. Hard to explain but it works.