Mercedes-Benz is celebrating AMG’s 50th anniversary in style, and now that Swiss watchmaker IWC is involved, that statement can be taken quite literally. The Swiss-based premium timepiece company has served as the official timekeeper for Mercedes-AMG since 2004. IWC is marking the celebration with a special edition version of its Ingenieur watch.

The watch is low-key compared to what we’ve become used to when automakers collaborate with watchmakers. Often times, these collaborations result in outlandish-looking watches that are either decked in fancy trim, have elaborate straps, or are just look plain bonkers. But IWC opted for a subtle approach with its AMG anniversary watch, resisting the urge to be flamboyant and instead opt for class and sophistication. The result is a watch that showcases the style, grace, and all-around performance that AMG has been known to provide for the last five decades. Only 250 examples of the IWC Ingenieur Chronograph will be made. And while there’s still no price on these limited edition watches, we do know five of them came with the special edition AMG GT3 race cars Mercedes-AMG unveiled at the Nürburgring in May.

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Style and class meet in this incredible IWC timepiece for Mercedes-AMG

For those who are familiar with the relationship between Mercedes-AMG and IWC, you’ll know that the Swiss watchmaker has already released numerous special edition watches dedicated to the German performance brand. There was the Mercedes-Benz SL63 AMG IWC Edition. There was the Ingenieur Automatic AMG Black Series. Now there’s the Ingenieur Chronograph Sport Edition “50th Anniversary of AMG.”

The watch itself is described in pretty muted terms compared to other collaborations we’ve seen between automaker and watchmaker. The straps are came-black calfskin while the case is made from titanium. IWC even says that the product is reminiscent of its first Ingenieur models that it released as far back as the 1950s, adding to the vintage and retro look to the piece. It also features silver-plated dials, red hands with luminescent elements, and most importantly, it’s powered by the company’s 89361 calibre that comes with its own flyback function.

A tachymeter scale was even thrown in for good measure. This feature is notable because it can work with the stopwatch hand to calculate the average speed covered by an AMG car over a distance of 1,000 meters. And if those aren’t enough, the watch also comes with an anti-magnetic soft-iron cage that can be visibly seen through the sapphire caseback and inspired by the carbon brake discs found on Mercedes-AMG cars. As a fitting finale, the engraving “Tribute to One Man, One Engine” can also be seen in the watch in reference to the ethos that has gone into the development of AMG powertrains throughout the course of its own 50-year history.

Like I said, the cost that comes with buying one of these watches has not been revealed. However, you can expect to pay a hefty price since IWC watches typically cost anywhere from $5,000 to as much as $100,000.