Panerai’s Newest Watch Came With Its Own Yacht Trip

For its latest watch attached with an adventure, Panerai opted for a more laidback luxury experience.

By Carol Besler 28/06/2022

The Panerai VIP adventure series, in which a limited-edition watch is attached to a memorable experience for its buyers, is all about something “extra.” Anyone with the means can visit an exotic location, stay in a top hotel, dine on gourmet food and hire a boat for the weekend, but each of Panerai’s adventures includes something beyond that, something money can’t buy—for most collector’s that is a shared elite camaraderie over the experience and ownership of an ultra-limited watch.

But for its most recent adventure, the “extra” factor involved sailing the Mediterranean on the brand’s classic sailboat, the Eilean, to a private island off Italy’s Amalfi Coast for a serious lesson in how to live La Dolce Vita. It was one of the more pastoral experiences Panerai has offered. Trips attached to limited-edition watches have previously included an excursion to Grand Teton National Park for a climbing session with pro-mountain climber and Oscar-winning filmmaker Jimmy Chin, a free-diving expedition in French Polynesia with the record-setting French free diver Guillaume Néry and hardcore training exercises with the Italian Royal Navy in La Spezia, Italy.

Panerai Collectors Showing Off Their Pieces in Italy

Panerai Collectors Showing Off Their Pieces in Italy Carol Besler

The Eilean Experience was less daunting than these excursions, but no less representative of the Panerai sensibility. “Panerai has roots in Mare Nostrum (Latin for “Our Sea” the Roman name for the Mediterranean),” says Panerai product director Alessandro Ficarelli. “That is where it supplied watches to the commando divers of the Italian Navy. But this experience also represents Mediterranean … La Dolce Vita. It’s about sunshine and sailing and living the sweet life. It’s about experiencing the brand in a different way, about offering something that you will never forget, that is true luxury.”

Panerai's Eilean Yacht

Panerai’s Eilean Yacht Panerai

The focus of the adventure, the Eilean, is a 70-foot ketch built by legendary yacht builder William Fife III in 1936, around the time Panerai was making its first series of watches for the Italian Navy’s special operations unit, or COMSUBIN. The boat’s first owners were Scottish steel merchants James and Robert Fulton. It then went through several owners until it ended up in a yacht charter business in Antigua. Former longtime Panerai CEO Angelo Bonati spotted it there in 2006, in a state of disrepair. He saw an opportunity for Panerai and purchased the Eilean on behalf of the brand and had it sent to a shipyard in Italy for restoration. Today, the fully restored ketch is an important element of the Panerai brand, regularly hosting special events for VIP clients and collectors and even taking crews out on cleanup missions to recover plastic from the sea.

LA watch collector Alex Chen, the only American to participate in the Eilean excursion, says he was attracted to both the adventure and the watch.

“For me, personally, I always like to have something special, unique, like a limited edition,” he says, “but there are so many limited editions out there, and there is no way I could buy each one of them. So the whole experience attached to this one … that was a great bundle package for me. I always wanted to sail on the Eilean and experience Italian culture, and this was my chance. It’s probably the first watch manufacturer doing something like this directly with clients. Most brands will invite you to their headquarters to visit the factories, and also to dinners to show you something new and cool, but Panerai … they’re doing something just above and beyond anything I have ever experienced before. From my understanding, they actually spent a year to arrange for this wonderful experience.” He says the Dolce Vita-themed adventure was the perfect trip for him because it was a little more relaxed. “I’ve never really been into the Submersible collection—I like Radiomir—and as for the climbing trip, Jimmy Chin’s a little too extreme for me. I’m more of a person that likes historical stuff, so learning about the Eilean was interesting for me. I also had a chance to get to know the other collectors on the trip and that was fun.”

Panerai Eilean Radiomir Limited Edition Watches

Panerai Eilean Radiomir Limited Edition Watches Panerai

“If you love Panerai, you know how special the Eilean Radiomir is,” says Chen, who owns more than 20 Panerai watches. The two tone model, priced at approx. $72,000 and limited to just 15 pieces, aren’t made of just any old combination of steel and bronze. During the restoration of the Eilean, some of the boat’s bronze fittings had to be replaced, and instead of disposing of the old ones, Panerai decided to repurpose them as components (bezel, crown and caseback) in the Radiomir Eilean Editions. The dial’s blue color represents Mare Nostrum, and its textured surface resembles the boat’s teak deck. Engraved along the side of the case is a representation of the dragon emblem visible on the bow of Eilean, and the whipstitching along the soft leather strap mimics nautical knots. It contains the manually wound caliber P.6000. The steel case is 45mm wide and the caseback is engraved “Eilean 1936.” “The choice of Radiomir as a collection for this trip reflects the casual, elegant lifestyle of La Dolce Vita,” says Ficarelli. “This was not a dive trip, so it was not a Luminor or a Submersible.”

Lunch Scene in Li Galli

Lunch Scene in Li Galli Panerai

The second key element of the Eilean excursion was Li Galli, an archipelago of small islands off the Amalfi coast between Positano and Capri. Only one of the islands, Gallo Lungo, is inhabited. It originally housed a monastery and then a prison, and for many years was owned by the city of Positano. Ballet dancers have been among the pleasure-seekers drawn to the cliffs. In 1919, Russian choreographer and dancer Leonide Massine noticed it while staying with a friend in Positano. He purchased it in 1922 and converted it into a private residence, including a dance studio, an open-air theatre and a main villa with bedrooms facing Positano and a large terrace garden facing Capri. Following Massine’s death in 1988, Russian dancer Rudolf Nureyev bought the island and spent the last years of his life there (he died in 1993). He restored the gardens and redecorated the villa in the Moorish style, cladding its interiors with vibrant 19th-century tiles from Seville. In 1996, the islands were purchased from Nureyev’s foundation by Sorrento hotelier Giovanni Russo, who has used it as a private residence ever since.

Galla Lungo

Galla Lungo Panerai

The buildings, a collection of whitewashed villas and cabanas, including a small chapel, are perched high on the island’s soaring cliffs, connected by a serpentine system of stone steps bordered by flowers and discreet wooden railings that blend with the cypress and umbrella trees dotting the island. From the top, a 360-degree turn yields stunning vistas of pleasure boats anchored in the bay below, with Capri and Positano hazy in the distance. The main terrace is bordered on each side by saltwater infinity pools and centered by a long dining table under the umbrella trees. A short distance away, across the helipad and up another flight of stone steps, is the famed dance studio, built into a former Roman watchtower, with its impressive free-sprung wooden dance floor and full barre along a wall of mirrors. If ballet is too strenuous, you can descend to the dock level for a swim. Nearby is a cabana, complete with a shower, change room, lounge area, fully stocked bar and another saltwater pool. The island exudes an aura of pure, quiet, peaceful luxury, a long way from the cares of the world, and it served as a perfect representation of Panerai’s interpretation of La Dolce Vita.

 

 

Galla Lungo

Galla Lungo Panerai

Members of the public are not allowed to land on Gallo Lungo but can swim in the surrounding waters. It can be rented, but only by referral, and at Russo’s discretion. The price of a one-week stay (for up to 16 people, as there are eight bedrooms) is rumoured to be upwards of $320,000. For the price of a beautiful limited-edition Radiomir, Panerai brought collectors a glimpse of this exclusive paradise, an “extra” you don’t get with most watch buying experiences.

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Watch of the Week: TAG Heuer Formula 1 | Kith

The legendary sports watch returns, but with an unexpected twist.

By Josh Bozin 02/05/2024

Over the last few years, watch pundits have predicted the return of the eccentric TAG Heuer Formula 1, in some shape or form. It was all but confirmed when TAG Heuer’s heritage director, Nicholas Biebuyck, teased a slew of vintage models on his Instagram account in the aftermath of last year’s Watches & Wonders 2023 in Geneva. And when speaking with Frédéric Arnault at last year’s trade fair, the former CEO asked me directly if the brand were to relaunch its legacy Formula 1 collection, loved by collectors globally, how should they go about it?

My answer to the baited entreaty definitely didn’t mention a collaboration with Ronnie Fieg of Kith, one of the world’s biggest streetwear fashion labels. Still, here we are: the TAG Heuer Formula 1 is officially back and as colourful as ever.

As the watch industry enters its hype era—in recent years, we’ve seen MoonSwatches, Scuba Fifty Fathoms, and John Mayer G-Shocks—the new Formula 1 x Kith collaboration might be the coolest yet. 

TAG Heuer
TAG Heuer

Here’s the lowdown: overnight, TAG Heuer, together with Kith, took to socials to unveil a special, limited-edition collection of Formula 1 timepieces, inspired by the original collection from the 1980s. There are 10 new watches, all limited, with some designed on a stainless steel bracelet and some on an upgraded rubber strap; both options nod to the originals.

Seven are exclusive to Kith and its global stores (New York, Los Angeles, Miami, Hawaii, Tokyo, Toronto, and Paris, to be specific), and are made in an abundance of colours. Two are exclusive to TAG Heuer; and one is “shared” between TAG Heuer and Kith—this is a highlight of the collection, in our opinion. A faithful play on the original composite quartz watch from 1986, this model, limited to just 1,350 pieces globally, features the classic black bezel with red accents, a stainless steel bracelet, and that creamy eggshell dial, in all of its vintage-inspired glory. There’s no doubt that this particular model will present as pure nostalgia for those old enough to remember when the original TAG Heuer Formula 1 made its debut. 

TAG Heuer
TAG Heuer

Of course, throughout the collection, Fieg’s design cues are punctuated: the “TAG” is replaced with “Kith,” forming a contentious new brand name for this specific release, as well as Kith’s slogan, “Just Us.”

Collectors and purists alike will appreciate the dedication to the original Formula 1 collection: features like the 35mm Arnite cases—sourced from the original 80s-era supplier—the form hour hand, a triangle with a dot inside at 12 o’clock, indices that alternate every quarter between shields and dots, and a contrasting minuterie, are all welcomed design specs that make this collaboration so great. 

Every TAG Heuer Formula 1 | Kith timepiece will be presented in an eye-catching box that complements the fun and colour theme of Formula 1 but drives home the premium status of this collaboration. On that note, at $2,200 a piece, this isn’t exactly an approachable quartz watch but reflects the exclusive nature of Fieg’s Kith brand and the pieces he designs (largely limited-edition). 

TAG Heuer
TAG Heuer

So, what do we think? It’s important not to understate the significance of the arrival of the TAG Heuer Formula 1 in 1986, in what would prove integral in setting up the brand for success throughout the 90’s—it was the very first watch collection to have “TAG Heuer” branding, after all—but also in helping to establish a new generation of watch consumer. Like Fieg, many millennial enthusiasts will recall their sentimental ties with the Formula 1, often their first timepiece in their horological journey.  

This is as faithful of a reissue as we’ll get from TAG Heuer right now, and budding watch fans should be pleased with the result. To TAG Heuer’s credit, a great deal of research has gone into perfecting and replicating this iconic collection’s proportions, materials, and aesthetic for the modern-day consumer. Sure, it would have been nice to see a full lume dial, a distinguishing feature on some of the original pieces—why this wasn’t done is lost on me—and perhaps a more approachable price point, but there’s no doubt these will become an instant hit in the days to come. 

The TAG Heuer Formula 1 | Kith collection will be available on Friday, May 3rd, exclusively in-store at select TAG Heuer and Kith locations in Miami, and available starting Monday, May 6th, at select TAG Heuer boutiques, all Kith shops, and online at Kith.com. To see the full collection, visit tagheuer.com

 

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8 Fascinating Facts You Didn’t Know About Aston Martin

The British sports car company is most famous as the vehicle of choice for James Bond, but Aston Martin has an interesting history beyond 007.

By Bob Sorokanich 01/05/2024

Aston Martin will forever be associated with James Bond, ever since everyone’s favourite spy took delivery of his signature silver DB5 in the 1964 film Goldfinger. But there’s a lot more to the history of this famed British sports car brand beyond its association with the fictional British Secret Service agent.

Let’s dive into the long and colourful history of Aston Martin.

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What Venice’s New Tourist Tax Means for Your Next Trip

The Italian city will now charge visitors an entry fee during peak season. 

By Abby Montanez 01/05/2024

Visiting the Floating City just got a bit more expensive.

Venice is officially the first metropolis in the world to start implementing a day-trip fee in an effort to help the Italian hot spot combat overtourism during peak season, The Associated Press reported. The new program, which went into effect, requires travellers to cough up roughly €5 (about $AUD8.50) per person before they can explore the city’s canals and historic sites. Back in January, Venice also announced that starting in June, it would cap the size of tourist groups to 25 people and prohibit loudspeakers in the city centre and the islands of Murano, Burano, and Torcello.

“We need to find a new balance between the tourists and residents,’ Simone Venturini, the city’s top tourism official, told AP News. “We need to safeguard the spaces of the residents, of course, and we need to discourage the arrival of day-trippers on some particular days.”

During this trial phase, the fee only applies to the 29 days deemed the busiest—between April 25 and July 14—and tickets will remain valid from 8:30 am to 4 pm. Visitors under 14 years of age will be allowed in free of charge in addition to guests with hotel reservations. However, the latter must apply online beforehand to request an exemption. Day-trippers can also pre-pay for tickets online via the city’s official tourism site or snap them up in person at the Santa Lucia train station.

“With courage and great humility, we are introducing this system because we want to give a future to Venice and leave this heritage of humanity to future generations,” Venice Mayor Luigi Brugnaro said in a statement on X (formerly known as Twitter) regarding the city’s much-talked-about entry fee.

Despite the mayor’s backing, it’s apparent that residents weren’t totally pleased with the program. The regulation led to protests and riots outside of the train station, The Independent reported. “We are against this measure because it will do nothing to stop overtourism,” resident Cristina Romieri told the outlet. “Moreover, it is such a complex regulation with so many exceptions that it will also be difficult to enforce it.”

While Venice is the first city to carry out the new day-tripper fee, several other European locales have introduced or raised tourist taxes to fend off large crowds and boost the local economy. Most recently, Barcelona increased its city-wide tourist tax. Similarly, you’ll have to pay an extra “climate crisis resilience” tax if you plan on visiting Greece that will fund the country’s disaster recovery projects.

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Omega Reveals a New Speedmaster Ahead of the Paris 2024 Olympics

Your first look at the new Speedmaster Chronoscope, designed in the colour theme of the Paris Olympics.

By Josh Bozin 26/04/2024

The starters are on the blocks, and with less than 100 days to go until the Paris 2024 Olympics, luxury Swiss watchmaker Omega was bound to release something spectacular to mark its bragging rights as the official timekeeper for the Summer Games. Enter the new 43mm Speedmaster Chronoscope, available in new colourways—gold, black, and white—in line with the colour theme of the Olympic Games in Paris this July.

So, what do we get in this nicely-wrapped, Olympics-inspired package? Technically, there are four new podium-worthy iterations of the iconic Speedmaster.

Omega

The new versions present handsomely in stainless steel or 18K Moonshine Gold—the brand’s proprietary yellow gold known for its enduring shine. The steel version has an anodised aluminium bezel and a stainless steel bracelet or vintage-inspired perforated leather strap. The Moonshine Gold iteration boasts a ceramic bezel; it will most likely appease Speedy collectors, particularly those with an affinity for Omega’s long-standing role as stewards of the Olympic Games.

Notably, each watch bears an attractive white opaline dial; the background to three dark grey timing scales in a 1940s “snail” design. Of course, this Speedmaster Chronoscope is special in its own right. For the most part, the overall look of the Speedmaster has remained true to its 1957 origins. This Speedmaster, however, adopts Omega’s Chronoscope design from 2021, including the storied tachymeter scale, along with a telemeter, and pulsometer scale—essentially, three different measurements on the wrist.

While the technical nature of this timepiece won’t interest some, others will revel in its theatrics. Turn over each timepiece, and instead of a transparent crystal caseback, there is a stamped medallion featuring a mirror-polished Paris 2024 logo, along with “Paris 2024” and the Olympic Rings—a subtle nod to this year’s games.

Powering this Olympiad offering—and ensuring the greatest level of accuracy—is the Co-Axial Master Chronometer Calibre 9908 and 9909, certified by METAS.

Omega

A Speedmaster to commemorate the Olympic Games was as sure a bet as Mondo Deplantis winning gold in the men’s pole vault—especially after Omega revealed its Olympic-edition Seamaster Diver 300m “Paris 2024” last year—but they delivered a great addition to the legacy collection, without gimmickry.

However, the all-gold Speedmaster is 85K at the top end of the scale, which is a lot of money for a watch of this stature. By comparison, the immaculate Speedmaster Moonshine gold with a sun-brushed green PVD “step” dial is 15K cheaper, albeit without the Chronoscope complications.

The Omega Speedmaster Chronoscope in stainless steel with a leather strap is priced at $15,725; stainless steel with steel bracelet at $16,275; 18k Moonshine Gold on leather strap $54,325; and 18k Moonshine Gold with matching gold bracelet $85,350, available at Omega boutiques now.

Discover the collection here

 

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Here’s What Goes Into Making Jay-Z’s $1,800 Champagne

We put Armand de Brignac Blanc de Noirs Assemblage No. 4 under the microsope.

By Mike Desimone And Jeff Jenssen 23/04/2024

In our quest to locate the most exclusive and exciting wines for our readers, we usually ask the question, “How many bottles of this were made?” Often, we get a general response based on an annual average, although many Champagne houses simply respond, “We do not wish to communicate our quantities.” As far as we’re concerned, that’s pretty much like pleading the Fifth on the witness stand; yes, you’re not incriminating yourself, but anyone paying attention knows you’re probably guilty of something. In the case of some Champagne houses, that something is making a whole lot of bottles—millions of them—while creating an illusion of rarity.

We received the exact opposite reply regarding Armand de Brignac Blanc de Noirs Assemblage No. 4. Yasmin Allen, the company’s president and CEO, told us only 7,328 bottles would be released of this Pinot Noir offering. It’s good to know that with a sticker price of around $1,800, it’s highly limited, but it still makes one wonder what’s so exceptional about it.

Known by its nickname, Ace of Spades, for its distinctive and decorative metallic packaging, Armand de Brignac is owned by Louis Vuitton Moët Hennessy and Jay-Z and is produced by Champagne Cattier. Each bottle of Assemblage No. 4 is numbered; a small plate on the back reads “Assemblage Four, [X,XXX]/7,328, Disgorged: 20 April, 2023.” Prior to disgorgement, it spent seven years in the bottle on lees after primary fermentation mostly in stainless steel with a small amount in concrete. That’s the longest of the house’s Champagnes spent on the lees, but Allen says the winemaking team tasted along the way and would have disgorged earlier than planned if they’d felt the time was right.

Chef de cave, Alexandre Cattier, says the wine is sourced from some of the best Premier and Grand Cru Pinot Noir–producing villages in the Champagne region, including Chigny-les-Roses, Verzenay, Rilly-la-Montagne, Verzy, Ludes, Mailly-Champagne, and Ville-sur-Arce in the Aube département. This is considered a multi-vintage expression, using wine from a consecutive trio of vintages—2013, 2014, and 2015—to create an “intense and rich” blend. Seventy percent of the offering is from 2015 (hailed as one of the finest vintages in recent memory), with 15 percent each from the other two years.

This precisely crafted Champagne uses only the tête de cuvée juice, a highly selective extraction process. As Allen points out, “the winemakers solely take the first and freshest portion of the gentle cuvée grape press,” which assures that the finished wine will be the highest quality.  Armand de Brignac used grapes from various sites and three different vintages so the final product would reflect the house signature style. This is the fourth release in a series that began with Assemblage No. 1. “Testing different levels of intensity of aromas with the balance of red and dark fruits has been a guiding principle between the Blanc de Noirs that followed,” Allen explains.

The CEO recommends allowing the Assemblage No. 4 to linger in your glass for a while, telling us, “Your palette will go on a journey, evolving from one incredible aroma to the next as the wine warms in your glass where it will open up to an extraordinary length.” We found it to have a gorgeous bouquet of raspberry and Mission fig with hints of river rock; as it opened, notes of toasted almond and just-baked brioche became noticeable. With striking acidity and a vein of minerality, it has luscious nectarine, passion fruit, candied orange peel, and red plum flavors with touches of beeswax and a whiff of baking spices on the enduring finish. We enjoyed our bottle with a roast chicken rubbed with butter and herbes de Provence and savored the final, extremely rare sip with a bit of Stilton. Unfortunately, the pairing possibilities are not infinite with this release; there are only 7,327 more ways to enjoy yours.

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