Any oil coated filter will ruin a hotwire sensor. But better yet, the oils coat the sensor which causes the engine to lean out, in a turbo engine this is a very bad thing.
Because idiots think loud = fast.
Unfortunately K&N do not spend billions developing the engine, they spend about £5 to make a more porous filter. Yes it lets air in quicker, but that is because it doesn't filter as well (hence the oil). Unfortunately on a high pressure intake (ala, turbo) you're sucking through that oil/grunge into your engine. Which does it no favours but also coats the hotwire in oil. That is a fun way to ruin an engine.
A brand new OEM filter is a better investment for more power than a cone or panel filter. It costs me £12 for a new gen OEM filter. I go through 1 ever 6k miles. Still works out cheaper than buying some daftly expensive aftermarket job that boosts no power and in some cases can reduce power (cone filters, for example).