An Azerbaijani tourist’s watch worth nearly $1.

2 million stolen by a pickpocket in Ibiza. The watch which is called a Richard Mille 50-03 McLaren F1 and is inspired by Formula One racing. 

There are only 75 of them in stock and the thief stole the expensive watch when the owner of the watch was walking along a seafront on the Spanish party island.

According to police the 22-year-old victim immediately informed them about the theft and he had injuries to his wrist and arm following the incident.

Do you know what is so special about this watch? It is worth about $1.2 million and also the lightest watch in the world, weighing in at just 40 grams with the strap included.

This watch is inspired by the McLaren F1 cars and is what’s known as a tourbillion. Not only this but the inside mechanism of this watch completes one entire rotation every single minute, nullifying the effects of gravity.

It is a car inspired watch and one of its best features include things like a 70-hour power reserve and a torsion sensor. 

The information on Richard Mille website reads: ‘’An extraordinary avant-garde automotive constructor, possessed of an unrivaled heritage and history, McLaren has been inspiring passion for over half a century. Richard Mille has tremendous admiration for this pillar of motorsports and its founder.

’’Indeed, he has long drawn on technical solutions developed by engineers at McLaren and adapted them for his watches. Naturally, their shared dedication to technique and design has led the brand and team to pursue joint developments.’’

‘’The RM 50-03 introduces an entirely new material into the world of watchmaking: Graph TPT®, which contains the revolutionary substance, graphene.’’

‘’Manual winding tourbillon movement with hours, minutes, split-seconds chronograph, 30-minute totalizator, and power-reserve, torque and function indicators.’’