McLaren, the British racing team/supercar manufacturer, has announced the new RM 50-03 Tourbillon Split Seconds Chronograph Ultralight McLaren F1. The watch's mechanism weighs only 7 grams and the entire watch just 40, with the help of a graphene, titanium and carbon fiber composite.

It was reported that McLaren's Applied Technologies division has been working with the National Graphene Institute on applications for graphene, out of which high-end watchmaker Richard Mille (working in collaboration with McLaren), constructed the three-part case, with the titanium and carbon-fiber movement at its center.

It seems that only 75 pieces of this watch will be made, each selling for $1 million. excluding tax.

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