As well as donating the proceeds from the week-long online auction at Bonhams, IWC has committed to an annual donation of 50,000 Euros (approximately $52,400 USD).
The watch in question is No. 50 of 100 Big Pilot’s Watch Perpetual Calendar Edition Toto Wolff x Mercedes- AMG Petronas Formula One Team, which “recognises the extraordinary career and achievements thus far of Toto Wolff, Team Principle & CEO” of the Mercedes-AMG PETRONAS Formula One Team, a longstanding partner of IWC.
Auction house Bonhams is managing the month-long sale, which is now live, waiting for a £40,000 GBP starting bid (approximately $48,700 USD).
Ignite is a joint charitable initiative run by Mercedes-AMG PETRONAS F1 team and Sir Lewis Hamilton, which supports “diversity and inclusion” in motorsport.
The watch features a Ceratanium case and crown with a tinted glass dial, while printing and luminous elements in PETRONAS green. Bidding on No. 50 closes at Bonhams on July 7th.
Elsewhere in watches, Girard-Perregaux reveals pink gold Laureato with onyx dial.