In the automotive industry everything is about speed, but when it comes to watches, speed isn't exactly number one on the list. Tag Heuer is changing that with the Mikrotimer Flying 1000, a concept watch that is capable of banging out 3.6 million beats per hour - 125 times faster than most existing chronographs. The good news, sort of, is that the concept will be put into production in a limited series of 10 units, each priced at $88,580.

What makes this watch so special is that the flying central hand of the Mikrotimer Flying 1000 makes an astounding 10 rotations per second, indicating 1/1000th of a second and 1/100th of a second on a scale on the external part of the dial, which has 100 graduations over 360°. A second, smaller central hand indicates minutes (TAG Heuer Patent pending) and 1/12th of a minute on a 150-second scale. A counter at 6 o'clock displays 1/10th of a second, calibrated to 5 seconds. This makes it so that you will not only be able to read minutes and seconds, but also 1/1,000th of a second, a feature that is essential for competitions like Formula 1.

Hit the jump for the video on the Tag Heuer Mikrotimer Flying 1000 } }.