iW Magazine iW Magazine Summer 2017 | Page 81

LUMINOR MARINA 1950 AMERICA’S CUP 3 DAYS AUTOMATIC ACCIAIO – 44MM (PAM00727) today. The Neuchatel-based manufacture now creates and entirely develops eighty percent of its collection in-house. “Panerai is a brand which is evolving towards an ever more innovative technology, while still respecting its identity since its foundation in 1860,” says brand CEO Angelo Bonati. “The America’s Cup is a highly tech- nical and innovative world and at the same time it has always maintained that tradition since 1851.” So goes the logic for the new partnership between the Swiss maker with Italian fl air rooted in maritime history and the America’s Cup. But how did the surprise partner- ship arise? The unexpected transition from Br emont to Panerai as watch partner of the Cup and Panerai’s additional sponsorship of Oracle Team USA and Team Softbank Japan has resulted in speculation. Panerai has recent history as a supporter of sailing with the Panerai Classic Yachts Challenge (since 2004) and that sponsor- ship continues. Bonati is also known to be a sailing enthusiast and a fan of the America’s Cup. But as he relates, Panerai didn’t approach the America’s Cup. It was the other way around. “Frankly speaking, it was an initia- tive made by Oracle. I had the opportu- nity of meeting Russell Coutts, CEO of the America’s Cup and Oracle Team USA. Following this meeting and exchanging ideas and experiences in the world of sailing, he came up with the idea of bringing high quality watchmaking to the America’s Cup. I thought it was an opportunity for Panerai. We immediately joined an agreement and that’s it. We’re evolving and in this way con- solidating the image of Panerai in the world of technical innovation.” Panerai’s CEO adds that the maker had to move with “enormous speed” to be ready with the limited-edition models well before the Cup was sailed in June. All of the fi ve pieces are adaptations of existing models. We saw two in person and the color accents added to the dials and straps of the new SUMMER 2017 | INTERNATIONAL WATCH | 81