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PANERAI BRITISH CLASSIC WEEK 2013

PANERAI BRITISH CLASSIC WEEK

Everything is ready for the start of the fourth edition of the Panerai British Classic Week 2013 taking place in Cowes on the Isle of Wight from 6th July to 13th July. The Panerai British Classic Week is the only UK regatta forming part of the Panerai Classic Yachts Challenge series, the leading international circuit for classic and vintage yachts.

The entry list for this year’s regatta includes some familiar “faces” such as Cetewayo, a 35’ Waterline Sloop built in 1955 which has competed successfully at the PBCW in the past three years. Another familiar classic returning will be Gluckhauf, the 1929 international 30 square metre class sloop built by Abeking and Rasmussen. Although she is one of the smallest built square metres, competitors should be warned- she has earned the nickname “Flying Toothpick” in local regattas!

The list also features a few newcomers including Galatea, a beautiful 20m Custom built in Plym ́s Yard, Stockholm, in 1899. Galatea has a long and successful history of racing as she is unusually slender and is only 12 feet at the beam, which makes her extremely fast. However, she fell into a state of despair and it wasn’t until 2002 that her current owner started restoring her to her former glory so she could race again. The organisers and competing crews are

looking forward to welcoming Galatea at the Panerai British Classic Week for the first time.

The PBCW is not only famous for its excellent and challenging sailing conditions, but also for the varied social programme that the British Classic Yacht Club and Officine Panerai are offering to competing crews. Besides the daily price giving and drinks reception at the Panerai Lounge, the programme includes an Open Yachts Pontoon Party on the 9th July; a Themed Crew Party – “Pirates of Penzance”- on the 10th July; a prize giving Gala Dinner on the 12th July and the famous Parade of Sail past the Royal Yacht Squadron on the last day, 13th July.

PANERAI CLASSIC YACHTS CHALLENGE 2013

The Panerai Classic Yachts Challenge, the leading international circuit for vintage and classic sailing craft, is making ready for the 2013 season, and is also pleased to announce the addition of a new host city and event to its ranks. Naples, one of the world’s most extraordinary cities, joins the PCYC’s Mediterranean circuit this year, with its legendary Bay providing the backdrop for the 10th edition of “Le Vele d’Epoca a Napoli” between June 26th and 30th 2013.

This debut on the Panerai Classic Yachts Challenge international circuit is an acknowledgement of the Neapolitan regatta’s burgeoning status on the classic sailing scene. It also crowns the partnership between its organisers of the last decade, the exclusive Reale Yacht Club Canottieri Savoia (www.ryccsavoia.it) and the Italian Navy’s Staff Sailing Office, and the Officine Panerai haute horlogerie brand, itself a sponsor of the circuit for the last nine years, thanks to its historic links to the sea and seafaring.

The calendar of the ninth edition of the Panerai Classic Yachts Challenge opens, as per tradition, with the big Antigua regatta in the Caribbean. The long-standing events on both international circuits (Mediterranean and North

America) also return as does Cowes on the Isle of Wight which is gaining in impetus with each passing year.

In 2012, the Panerai Classic Yachts Challenge regattas attracted more than 600 entries in the course of the ten international events on the calendar. All of the most important yachts from sailing history took part in at least one of the rounds, in fact. The winners of the Mediterranean Circuit were Moonbeam IV in the Big Boat category, Leonore in the Vintage class, and Naïf in the Classic. On the other side of the Atlantic, the 12-metre Valiant took the overall trophy on the American circuit.

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CALENDAR

ANTIGUA CLASSIC YACHT REGATTA

Antigua and Barbuda 18th – 23rd April 2013 www.antiguaclassics.com

LES VOILES D’ANTIBES

France 29th May – 2nd June 2013 www.voilesdantibes.com

ARGENTARIO SAILING WEEK

Italy 13th – 16th June 2013 www.ycss.it/argentariosailingweek.htm

VELE D’EPOCA A NAPOLI

Italy 26th – 30th June 2013 www.leveledepoca.it

PANERAI BRITISH CLASSIC WEEK

Cowes, United Kingdom 6th – 13th July 2013 www.britishclassicyachtclub.org/regatta

CORINTHIAN CLASSIC YACHT REGATTA

Marblehead, USA 9th – 11th August 2013 www.corinthianclassic.org

OPERA HOUSE CUP

Nantucket, USA 15th – 18th August 2013 www.operahousecup.org

X COPA DEL REY DE BARCOS DE EPOCA

Mahon, Spain 27th – 31st August 2013 www.velaclasicamenorca.com

MUSEUM OF YACHTING CLASSIC YACHT REGATTA

Newport, USA 30th August – 1st September 2013 www.moy.org

RÉGATES ROYALES

Cannes, France 24th – 28th September 2013 www.regatesroyales.com

REGULATIONS MEDITERRANEAN CIRCUIT

ORGANISATION

The Mediterranean Circuit of the Panerai Classic Yachts Challenge (PCYC) is made up of five stages taking place between Italy, Spain and France. The 2013 schedule for the regattas is as follows:

• Les Voiles d’Antibes – 29 May/2 June 2013 • Argentario Sailing Week – 13/16 June 2013 • Vele d’Epoca a Napoli – 26/30 June 2013 • Vela Clasica Menorca – Copa del Rey de Barcos de Epoca –

27/31 August 2013 • Régates Royales, Cannes – 24/28 September 2013.

The regattas that form part of the Mediterranean Circuit of the Panerai Classic Yachts Challenge are organised by the Yacht Clubs and the local Associations of Antibes, Porto Santo Stefano, Naples, Mahon and Cannes. Each stage is valid for the Panerai Classic Yachts Challenge Trophy. Official communications and Regatta announcements are available from the Yacht Club offices.

REGULATIONS

The stages of the Panerai Classic Yachts Challenge take place in accordance with the full organisational autonomy of the Yacht Clubs and the provisions contained in each regatta announcement. Each stage is organised in compliance with:

ISAF (RRS) 2013-2016 regatta regulations.
C.I.M. Regulations 2010-2013.
The individual Regatta announcements and instructions of each Yacht Club.

The Official language for any disputes regarding the interpretation of the regulations is English.

REGISTRATION AND CLASSES

Yachts built in wood or metal prior to 1950 (Vintage Yachts) and to 1976 (Classic Yachts) are eligible, as well as their replicas, identifiable in accordance with the Regulations for rating and racing Vintage and Classic Yachts (C.I.M. 2010 – 2013 and modifications). Yachts in the Classic and Vintage categories may be divided into other classes based on their Rig, Rating and Overall Length. Also eligible to race are Spirit of Tradition Yachts that comply with the requirements of the C.I.M. Technical Committee, and Yachts in the International and Universal Rule classes and one-designs.

All registered yachts must present a valid tonnage certificate in compliance with CIM regulations. Yachts eligible for the Spirit of Tradition category must present a valid Tonnage Certificate in compliance with IRC regulations.

All registrations must be validated directly by the organising Yacht Club, in compliance with C.I.M. Regulations 2010-2013.

CHECKS

Tonnage checks may be carried out on entered vessels during all regattas. Such checks are made by official tonnage measurers from the CIM and National Associations. In the event of a dispute, the judgement of the regatta committee shall prevail.

PANERAI CLASSIC YACHTS CHALLENGE SCORING AND CLASSIFICATION The PCYC Mediterranean Circuit overall trophy will be awarded to a yacht from the Vintage, Classic and Big Boats category that has taken part in at least two events. At the end of each event, the

provisional classification for the Circuit is calculated for each of the three categories and the final classification will be drawn up at the end of the Circuit, based on the results achieved by the yachts in each individual event.

The calculation of the scores is the Low Point System as per ISAF Regulations. The final score for each yacht is achieved by calculating the sum of each individual placing of the yacht, within its category, in each race in which it has competed (e.g. first place = 1 point, second place = 2 points). For the final classification, each boat may exclude the worst result obtained during the Circuit from its overall score, after at least three duly completed events.

In the event of failure to compete in one or more events, at the end of the Circuit, a score equal to the overall number of competing yachts in the relevant category plus one will be assigned to the non-competing boat.

In the event of a draw in the final classification, the boat with the best results in each individual event of the circuit shall prevail. If after this, the boats are still drawn, the result obtain in the last event will be used to decide the winner.

The classification for each event is drawn up on the basis of elapsed times for the categories in question and each Yacht Club is responsible for calculating scores and times, as well as drawing up the overall and final classification for each category for the Trophy. Scores are given in ascending order per placing.

Regattas with equal courses are considered valid for the calculation of the final classification of each individual event. If, for force majeure reasons, the organising Yacht Club is forced to modify the courses for a single grouping of a class, the scores from that regatta will not be put towards the final classification for the class in question if at least three other valid regattas have been competed.

REGATTA PRIZES

At the end of each stage of the Mediterranean Circuit of the Panerai Classic Yachts Challenge, Officine Panerai will present a prize to the top three ranked yachts in the Vintage, Classic, Big Boats and Spirit of Tradition classes, and a special Officine Panerai prize to the overall top-ranked yacht of each class.

COMMUNICATIONS/ADDENDUMS

Any eventual addendums to the present regulations will be made available on the www.paneraiclassicyachtschallenge.com website.

REGULATIONS NORTH AMERICAN CIRCUIT

1. SERIES VENUES

• Corinthian Classic Yacht Regatta – Marblehead, MA August 10 – 11, 2013

• Opera House Cup Regatta – Nantucket, MA August 18, 2013

• Museum of Yachting Classic Yacht Regatta – Newport, RI August 31 – September 1, 2013

2. HOST AUTHORITY

The North American Panerai Classic Yachts Challenge Series (N.A. PCYC) is owned by Officine Panerai and is hosted under joint authority of the three participating host entities:

• Corinthian Yacht Club (CYC), Marblehead, MA • Nantucket Community Sailing (NCS), Nantucket, MA • Museum of Yachting (MoY), Newport RI

3. ELIGIBILITY FOR SERIES

Yachts are eligible to participate in the N.A. PCYC if they qualify for entry into one of two divisions as defined by the host entities:

• Classic Yacht Division • Spirit of Tradition Yacht Division

4. DEFINITIONS FOR DIVISIONS

Classic Division

Design, Construction and materials

• Full keeled (or keel-centerboard), split-keel and rudder. • Designed in or before 1970.

• Steel / aluminum and wooden yachts. • Built utilizing original materials and methods as designed. • Rigged with aluminum or wooden spars. • Fixed ballast.

Permitted Sail Materials

• Woven fabric (Canvas, Nylon, Dacron as well as more contemporary woven fabrics such as Vectran and Hydranet). Note: What are prohibited are sails such as those utilizing advanced shaping technologies (3DL or similar), laminate or composite construction, or materials such as, but not limited to, Mylar, Kevlar, Spectra, Carbon Fiber, etc.

Manual Power/Hydraulic Winches

• For all yachts in the Classic Divisions who have a LOA that is greater than or equal to 70 feet, RRS 52 is deleted. RRS 52 shall still apply to Classic yachts with a LOA less than 70 feet.

• A Classic yacht with a LOA of less than 70 feet racing in contravention of RRS 52 will be re-designated to compete in the “Spirit of Tradition” Division.

Spirit of Tradition Division

• Steel / aluminum, and wooden yachts designed in 1971 or later.
• Design whose intent is to evoke the look and feel of a vintage classic.
• Boats constructed or rebuilt using cold molded building techniques or other modern methods regardless of design year.
• Boats rigged with carbon fiber spars. • Boats utilizing modern sail materials (as defined above as those not permitted in classics).
• Classic boats with significant hull design changes, for greater performance.
• For all yachts in the Spirit Division, RRS 52 is deleted (Use of hydraulic winches is permitted).
• Boats with movable ballast, trapeze or relying primarily on other forms of temporary stabilization methods than fixed keel ballast.
• Boats that don’t otherwise meet all of the classic requirements.

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5. RULES

5.1 The Racing Rules of Sailing (RRS) shall apply except as changed in this Addendum or in the race documents of a specific regatta.

Limitations on Headsails and Equipment

5.2 RRS 50.4, headsails, is changed to read: For the purposes of rules 50 and 54 and Appendix G, the difference between a headsail and a spinnaker is that the width of a headsail, measured between the midpoints of its luff and leech, is less than 50% of the length of its foot. A sail tacked down behind the foremost mast is not a headsail. [Note: this maintains the definition as found in the previous RRS.]

5.3 Only one jib shall be carried in the fore-triangle at one time: i.e., bare headed sail changes only / drop one sail before setting another. This changes RRS 50.1.

5.4 Bona fide double headsail rigs (defined as being properly rigged, including permanent fixed points on deck and on the mast) may carry a fore-triangle staysail that is hanked on to the inner forestay.

5.5 All headsails must be tacked on the centerline of the boa

5.6 All sails set in the fore-triangle must be hanked on for the full length of the stay (except fixed-stay roller furling sails). Flying a headsail on its tack and head only, or on an internal wire luff only, is prohibited.

5.7 Mizzen staysails are permitted. On schooners, a fisherman or gollywobbler is permitted. Mizzen spinnakers are prohibited.

5.8 All yachts shall be limited to the sail area as defined on their CRF certificate. This includes a 150% max LP for headsails, unless otherwise rated; in which case a yacht may fly a headsail up to their max rated LP.

5.9 Spinnakers and drifters are prohibited.

5.10 One whisker or spinnaker pole may be used to wing out a jib as long as no other sail, including a staysail, is set in the fore-triangle. The pole must be fixed at the mast while in use in accordance with RRS 50.2.

5.11 Whisker or spinnaker poles shall not exceed 110% of the yacht’s J-measurement.

6. SCORING FOR REGATTAS AND SERIES

Each regatta will be scored using the Classic Rating Formula (CRF). The CRF rating rule assumes that a yacht is in “race ready” condition. I.e.: The hull below the waterline is clean, the sails are in good condition, the equipment on board is well maintained, and its crew is experienced.

Boats must be registered in at least two of the three scheduled regattas to be eligible for the N.A. PCYC and one of those two regattas must be the MoY Classic Yacht Regatta.

Scoring for the Challenge will utilize the low point scoring method. There are five possible races that can be scored. Two (2) races in Marblehead, MA at the Corinthian Classic Yacht Regatta, one (1) race in Nantucket, MA at the Opera House Cup Regatta, and two (2) races in Newport, R.I. at The MoY Classic Yacht Regatta. The best three race scores from the two or three regattas for which a yacht is registered will make up an individual yacht’s overall score for the N.A. PCYC. Thus, if a boat participates in all three regattas then their best three (3) race scores will be used to determine their overall score for the N.A. PCYC trophy.

Scores for the N.A. PCYC are based on their finishes among the Classic Division or Spirit of Tradition Division respectively in each of the regattas.

In the event that a yacht registers in two regattas, but the third race that they need in order to qualify cannot be completed between those two regattas, then the average of the two races scored will determine the score of their third race.

In the event that a yacht registers in two regattas and the second and third race cannot be completed between those two regattas, then the N.A. PCYC Committee will determine appropriate scores in order to determine the overall winner of the N.A. PCYC.

7. NORTH AMERICAN PANERAI CLASSIC YACHTS CHALLENGE AWARDS

The official awards ceremony will be held at the MoY Classic Yacht Regatta awards ceremony in Newport. To be eligible for the overall N.A. PCYC trophies, yachts must participate in the final Newport event and must be represented at the MoY Classic Yacht Regatta awards ceremony.

The following prizes will be presented:

• N.A. Panerai Classic Yachts Challenge Trophy

An authentic reproduction of N.A. Panerai Classic Yachts Challenge Trophy will be awarded to the Overall Series winner; the Classic yacht with the best combined score between the three regattas. The yacht name will be engraved on the perpetual N.A. PCYC Trophy. The N.A. PCYC perpetual trophy home will be the IYRS library on the fourth floor of the Mill building located at 449 Thames Street, Newport, Rhode Island.

• Overall Panerai Spirit of Tradition Division Award

A special prize will be awarded to the Spirit of Tradition yacht with the best-combined score between the three regattas.

8. N.A. PANERAI CLASSIC YACHTS CHALLENGE COMMITTEE

The North American Panerai Classic Yachts Challenge Committee for the N.A. PCYC will include one voting representative from each Event Organizing Authority. One of those representatives will serve as the committee chairperson. In addition, there will be an advisory committee including:

• Honorary Chairman: Angelo Bonati
• 2013 Chairman: Nic Judson
• Marblehead Representative: Bruce Dyson
• Nantucket Representative: Susan Wayne
• Newport Representative: Jay Picotte
• Chief Series Scorer: Nic Judson
• CRF Committee Representative: Bill Doyle
• Member at Large: Russ McPherson
• Officine Panerai Representatives: Gabriele Pedone, Michele Gallagher

The N.A. PCYC may add addition members to an advisory committee as needed.

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LUMINOR 1950 REGATTA 3 DAYS CHRONO FLYBACK TITANIO – 47mm

The start of a vintage yacht race is a moment of remarkable beauty. The boats of every class, with timbers sometimes a hundred years old or more, gather together at the starting line between the buoys, driven only by the wind which fills the sails and by the skill of the captains and crews who with a few simple instruments must carry out complicated tactics to master the sea, the wind and time. Timing in particular is crucial: in the minutes preceding the start, marked by the ritual of the strict countdown signalled by the judges’ flags, the Lords of the sea must line up behind the buoys without crossing the imaginary line before the race has started. It is not a simple operation for yachts which are often tens of metres long with an immense sail area exposed to the unpredictable nature of the elements.

These are passionate moments at the start of which Officine Panerai is well aware, given that since 2005 it has sponsored the Panerai Classic Yachts Challenge, the main international circuit of races for vintage and classic yachts. From the most beautiful locations of the Mediterranean Sea to the waters of the Solent, from the Caribbean Sea to the coast of New England on the East Coast of the United States of America, Officine Panerai gathers together each season hundreds of vintage yachts and thousands of sailors to celebrate the beauty, elegance

and uniqueness of yachts which have been part of the history of sailing, since the end of the 19th century to which many of them date back.

From the union of Officine Panerai and the world of classic sailing the Luminor 1950 Regatta 3 Days Chrono Flyback Titanio was born. This is a chronograph with an automatic movement and a three-day power reserve, fitted with the Regatta countdown function, specifically created for yacht racing starts.

The remarkable simplicity of using the Regatta countdown function is evidence of the excellence of the technical innovation achieved by the new P.9100/R automatic chronograph calibre, the movement of the new Luminor 1950 Regatta 3 Days Chrono Flyback Titanio. An orange push-button at four o’clock moves the central orange chronograph minute hand back one minute at a time, until it is at the correct position in relation to the length of the countdown. On starting the chronograph, by pushing the chronograph stop/start button at ten o’clock, the relative hands begin to move, indicating first the minutes and seconds which remain until the start, and then, when the countdown has finished, the time elapsed since the start of the race. The push-button at eight o’clock ends the time measurement, returning all the chronograph hands to zero. Alternatively, if it is operated while the hands are still moving, it activates the return-to-zero (flyback) function of these hands, thus enabling a new time interval to be measured immediately without having to operate the stop and reset buttons.

The black dial of the Luminor 1950 Regatta 3 Days Chrono Flyback Titanio has the sandwich structure and the classic Panerai design distinguished by the large linear hour markers and figures, enriched by the elements enabling the indications of the chronograph functions to be read. The chronograph hands are central and distinguished from each other by different, easily recognised colours, while the orange hand of the hours rotates within the small dial at three o’clock, mirroring the small seconds dial at nine o’clock. The flange carries not only the scale of up to 15 minutes for the countdown to the start, with the five final minutes picked out in orange, but also the tachymeter scale expressed in knots which enable the speed of the yacht to be measured over a defined distance.

The Luminor 1950 case has the characteristic Panerai lever device for protecting the winding crown and it is 47 mm in diameter. It is made of brushed titanium, a material which is light, strong and non-allergenic, contrasting with the polished bezel. On the back, a wide sapphire crystal window reveals the P.9100/R movement, with its rotor which winds the springs of the two barrels while oscillating in both directions, providing a power reserve of three days. The open back also permits the admiration of other details of the sophisticated chronograph movement, with its column wheel and variable inertia balance which oscillates at 28,800 alternations/hour.

Water-resistant to 10 bar (about 100 metres), as is to be expected of a professional sailing instrument, the Luminor 1950 Regatta 3 Days Chrono Flyback Titanio (PAM00526) is part of the Contemporary Collection. It is supplied with a rubber strap with strong sports connotations, using a patented Officine Panerai system enabling it to be easily replaced by means of the little tool provided with the watch.

LUMINOR 1950 REGATTA 3 DAYS CHRONO FLYBACK TITANIO – 47mm

Movement: Automatic mechanical, Panerai P.9100/R calibre, executed entirely by Panerai, 133⁄4 lignes, 9.55 mm thick, 37 jewels, Glucydur® balance, 28,800 alternations/ hour. KIF Parechoc® anti-shock device. Power reserve 3 days, two barrels. 328 components.

Functions: Hours, minutes, small seconds, flyback chronograph, regatta countdown, knots scale for calculation of boat speed, seconds reset.

Case: Diameter 47 mm, brushed titanium. Engraved brushed titanium buttons for the chronograph functions at 10 o’clock and 8 o’clock. Brushed button and orange surface for the regatta function at 4 o’clock.

Bezel: Polished titanium. Back: See-through sapphire crystal.

Device protecting the crown: (protected as trademark) Brushed titanium.

Dial: Black with luminous Arabic numerals and hour markers. Chronograph hour counter at 3 o’ clock, seconds at 9 o’clock, central chronograph seconds and minutes hands.

Crystal: Sapphire, made of corundum, 1.6 mm thick. Anti- reflective coating.

Water-resistance: 10 bar (~ 100 metres).

Strap: PANERAI personalised rubber strap and trapezoidal brushed titanium buckle. Supplied with a second interchangeable strap, a tool for changing the strap and a steel screwdriver.

Reference: PAM00526.

OFFICINE PANERAI

Each Panerai watch is as unique as the heritage it embodies. A heritage that has its beginnings in Florence, where Giovanni Panerai, a businessman, craftsman and innovator, opened the city’s first watchmaker’s shop in 1860. A heritage that links every single detail of a Panerai watch to the purpose for which it was designed and made to fulfil. A tradition which has kept a close eye on the future, through on-going research for technical excellence which is the main feature of every new Officine Panerai collection.

Combining Italian design and Swiss horological perfection, each year Officine Panerai – part of the Richemont Group since 1997 – re-interprets its 150-year-long passion: the creation of high precision timepieces with a strong identity rooted in distinction, aesthetics and function.

PANERAI HISTORIA

1860

Giovanni Panerai opens a watchmaker’s shop in Florence: a store which is also a workshop, not to mention the city’s first watch-making school. Initially located on Ponte alle Grazie, the Orologeria Svizzera, as it was called, later moves to its current premises, inside the Palazzo Arcivescovile in Piazza San Giovanni.

1916

Guido Panerai registers the first of many patents to mark Panerai’s long history in innovation. To meet the military requirement of the Royal Italian Navy, for which it has already been a supplier for a few years, Panerai creates Radiomir, a radium-based powder for making sighting instruments and dials luminous.

1936

On the eve of the Second World War, the instruments developed by Panerai for the Royal Italian Navy take on an even more strategic role. The prototype of the Radiomir watch is created for the underwater exploits of the Command of the First Submarine Corp, with many of the features which still distinguish it today: a large steel cushion- shaped case (47 mm), luminous numerals and markers, wire loop strap attachments welded to the case, a hand-wound mechanical movement, a wide water-resistant strap, long enough to be fastened over the diving suit.

1938-1949

The Radiomir watch is subjected to a series of innovations aimed at improving its performance: the new sandwich dial is made more luminous and easier to read; the strap attachments become more resistant and are made from the case itself; and the distinctive lever bridge device is invented, secured with screws to protect the crown. Thanks to these innovations which make it more resistant and watertight, the new Panerai watch becomes the first underwater model (to depths of 200m) in the history of horology. At the same time, radioactive Radiomir is replaced by Luminor, isotope of tritium-based hydrogen, patented by Panerai for the first time in Italy in 1949.

1943

Officine Panerai presents the prototype of the first Panerai chronograph, the Mare Nostrum, designed for deck officers.

1956

Panerai develops an underwater Radiomir watch of exceptional size and solidity for the Egyptian Navy, known as the “Egyptian”, fitted with a marked bezel for calculating immersion times. In the same year, the patent is registered for the crown protecting the bridge which becomes the trademark of the Luminor models.

1972

Giuseppe Panerai, son of Guido, dies, and the management of the family business, along with its position as supplier to the Italian Navy still covered by military secret, is handed over to engineer Dino Zei, who creates the “Officine Panerai” trademark.

1993

The first commercial collection by Officine Panerai: three limited edition models inspired by those created for Second World War navy commandos.

1997

Officine Panerai is acquired by the Richemont Group (then Vendôme), which establishes a network of qualified distributors in Italy.

1998

Officine Panerai is launched on the international market.

2002

Opening of the Officine Panerai Manufacturing Facility in Neuchâtel, Switzerland.

2005

International launch of the first Panerai movement, P.2002: a hand-wound calibre with GMT function and 8-day power reserve, inspired by the Angelus movement of the 1940s.

2007

Officine Panerai presents three new calibres entirely conceived and developed in-house: P.2003, P.2004 and P.2005, with an innovative tourbillon escapement.

2008-2009

Presentation of Eilean, the Bermudian ketch built in 1936 in the legendary Fife boatyard, purchased and restored by Officine Panerai. Launch of the P.9000 and P.2006 movements.

2010

Launch of the P.999 calibre and Panerai Jupiterium, a tribute to the 400th anniversary of the first celestial observations made by Tuscan genius Galileo Galilei with his telescope.

2011 – 2012

Launch of the P.3000 calibre and of the first watch in bronze. Presentation of the vintage case inspired by the Radiomir of the 1940s.

2013

Officine Panerai presents the new P.9100/R in-house movement, featuring the Regatta Countdown function.

OFFICINE PANERAI TODAY

The Panerai trademark is a unique combination of the brand’s tradition, Italian design and fine Swiss craftsmanship. Each new model expresses authenticity, creativity and passion: values renewed year after year in the new Panerai collections and deep-rooted in Florence and in the world of sea.

Each Panerai watch is produced at the company’s Manufacturing Facility in Neuchâtel, Switzerland. Officine Panerai produces, designs and develops the movements and cases for its watches in-house, with assembly carried out at the factory which is also responsible for the quality control of each and every stage of production. The company offices in Milan is where communication activities and product development control take place.

Panerai watches are sold exclusively through an International network of specialised authorised retailers and in Panerai boutiques that not only carry all the brand’s luxury watch collections, but also offer their clientele the exclusive chance to buy limited edition products.

 

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