Since many of you are Formula 1 fans —just like us—, we decided to feature this gorgeous and understated Girard-Perregaux Monte Carlo 1970 Limited Edition Flyback Chronograph in honor of this weekend's Formula 1 Grand Prix of Monaco. As you all know, the race takes place around the streets of Monte Carlo in the Principality of Monaco.

The Girard-Perregaux Monte Carlo 1970 Limited Edition ref. 49581, is a flyback chronograph that gives homage to one of the most famous rallies in motor racing history. In 1970, Björn Waldegaard and Lars Helmer —drove and navigated respectively— their Porsche 911 S with the number 6 through a notoriously difficult icy course to claim victory at the legendary stage of the Monte Carlo Rally that year. Their names along with the car model and number are engraved on the case back to commemorate their win.

The Girard-Perregaux Monte Carlo 1970 was released several years ago in a limited edition of 250 pieces. This timepiece clearly evokes the look of chronographs from the 60s and 70s —very lightweight, comfortable on the wrist, precise at timekeeping and bold looking. The Girard-Perregaux Monte Carlo 1970 Limited Edition, comes with a lustrous black dial with contrasting white Arabic numerals and plenty of red accents matching the color of the legendary #6 911 S. The red accents are present in the words 'Monte Carlo 1970', the chrono hands, the font on the calendar wheel and even in some of the numbers along the tachymetre scale. In our opinion, a very well balanced dial that is easy to read and worthy of admiration.

The watch is fitted with Girard-Perregaux's in-house automatic calibre 337A —with a power-reserve of 46 hours and 63 jewels— and a black alligator strap with deployant buckle. While the stainless steel case measures 40mm, this watch definitely wears a little bit smaller than that, but still quite nice, elegant and for sure not a run-of-the-mill chronograph.

If you can still find one at an authorized dealer, take it as you won't regret it. Sticker price $9,350. For more info click here.