
Penelope Andrews
Head of Department
Sold for £70,000
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At the Members' Meeting, the iconic Goodwood Motor Circuit plays host to incredible grids of racing machines ranging from classic tin-tops and GTs, to motorcycles and open wheeled Formula 3™ and F1™ machines. The 78th Goodwood Members' Meeting, taking place this weekend in the South of England, is sure to deliver on this promise with two adrenaline-filled days of qualifying, racing, highspeed demonstrations and fabulous festivities. After what seems like a small eternity, the IWC Racing Team is now making its comeback on the legendary Goodwood Motor Circuit. It was back in April 2019 – a full 20 months ago – when the team last appeared at Goodwood and living Formula One™ legend David Coulthard took first place in the Tony Gaze Trophy. This year, Austrian racing driver Laura Kraihamer will take her seat in the cockpit of the Mercedes-Benz 300 SL "Gullwing". The new member of the IWC Racing family is set to compete in the Stirling Moss Trophy on Sunday.
On the occasion of the 78th Goodwood Members' Meeting, IWC Schaffhausen and Hot Wheels™ have unveiled the "IWC x Hot Wheels™ Racing Works" collector's set. Limited to 50 pieces, it contains the Pilot's Watch Chronograph Edition "IWC x Hot Wheels™ Racing Works" and the Hot Wheels™ Mercedes-Benz 300 SL "Racing Works Edition", presented in a metal toolbox. The current lot represents the first set of this Limited Edition with all proceeds going to the Two Bit Circus Foundation. This non-profit organisation creates learning experiences for children to inspire entrepreneurship, encourage young inventors and instil environmental stewardship. It does so, for example, with its Makerspaces that inspire integrative learning in science, technology, engineering, arts, and mathematics (STEAM). These spaces are equipped with tools and mostly made from re-purposed materials. Other activities of the foundation include workshops and events, field trips or summer camps for children. Dr. Leah Hanes, CEO of the Two Bit Circus Foundation, comments that "Our foundation looks back on a long-standing relationship with Mattel – from the design team to the warehouse. The auction with Hot Wheels and IWC Schaffhausen offers another exciting addition to that relationship. The funds raised will help us continue our work to make learning more enjoyable for students and teachers and cultivate the next generations of inventors and entrepreneurs".
The Pilot's Watch Chronograph Edition "IWC x Hot Wheels™ Racing Works" (Ref. IW377904) features a 43-millimetre case made of grade 5 titanium. This metal was chosen as an "engineering material" favoured by the Hot Wheels™ and IWC design teams. It is lighter and harder than steel, highly resistant to corrosion, and often used in automotive engineering. The dark grey matte colour results from an elaborate surface treatment in which the case components are first polished and then blasted. The case features a stunning engraving of the Hot Wheels flame logo on its side at 9 o'clock. The black dial is decorated with a subtle chequered racing flag pattern around the chronograph totalizers. Depending on the incidence of light, the laser-engraved squares alternate between a lighter and darker shade, giving the dial visual depth and a textured appearance. Powering the chronograph is the IWC-manufactured 69385 calibre movement, which is visible through the smoked glass case back. The timepiece is fitted on a silver and black 1-piece textile strap, which picks up the colour scheme of the IWC Racing Mercedes-Benz 300 SL.
The set also includes the Hot Wheels™ Mercedes-Benz 300 SL "Racing Works Edition". This exclusive Hot Wheels™ model was created by the Hot Wheels design team, sculpted, and detailed by Manson Cheung with graphics by Steve Vandervate and IWC designer Nicholas Schmidt. It's one of the most detailed 1:64th Hot Wheels™ models ever created. Only 50 models have been manufactured exclusively in Hot Wheels™' prototyping workshop. This version features opening gullwing doors, a faithfully reproduced interior complete with bucket seats, roll cage and red sill trims, full external detailing including clear headlights with the MB Star braces and racing graphics. As this set will be a limited run of only 50 pieces, the car will take its place as one of the rarest official Hot Wheels™ models ever released.
The Pilot's Watch Chronograph Edition "IWC x Hot Wheels™ Racing Works" and the Hot Wheels™ Mercedes-Benz 300 SL "Racing Works Edition" both carry the number 68 – a subtle nod to 1868 and 1968 respectively when IWC and Hot Wheels™ were founded. In addition, bespoke packaging makes the set even more exclusive: The chronograph and the model car are presented in a metal toolbox in silver and black. The case also contains the instruction manual for the watch, a booklet about the project and a limitation plate with the individual corresponding set number.
Along with this Limited Edition Collectors set, the winning bidder will also be offered a virtual tour of the IWC manufacture centre to be arranged directly with IWC. Additionally the gloves worn by Laura Kraihamer during her race at the 78th Goodwood Members Meeting will be signed and included in the lot for the winning bidder.
The webcast and promotional video can be watched via