Mention Panerai and its history with the seas inevitably comes up. As a watch workshop in Florence in the early 20th century, it cultivated a reputation as a producer of nautical instruments for the Royal Italian Navy. The strong ties would eventually lead to the development of dive watches, namely Radiomir and the Luminor, two of Panerai’s most distinguished models today.
Its passion for nautical adventures eventually extended to yachting, notably taking on the ambitious task of restoring Eilean, a 22m Bermudian ketch designed by famous yacht builder William Fife III in 1936. Before that, the ship had a brush with pop mania in 1982 when it appeared with Duran Duran in their music video for Rio. At that time, it was owned by architect John Shearer.
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Shearer later sold Eilean to Panerai to be restored, an exercise that took years. The reinvigorated vessel finally made its debut in 2009 and participated in the Panerai Classic Yachts Challenge (PCYC), a world-leading regatta for classic and vintage yachts, the following year. Eilean now serves as an ambassador for Panerai’s passion for sailing, in addition to the watches created in honour of PCYC.
Which brings us to this year’s Luminor Yachts Challenge, a flyback chronograph presented in three variations. The allusion to the world of sailing couldn't have been clearer, whether it is the blue accents, the “PCYC” letters on the dial, or the outline of a yacht on the caseback.
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