Continuing with our extensive coverage of the Salon International de la Haute Horlogerie SIHH 2015, we bring you another novelty —with its live pictures— presented by IWC Schaffhausen this year. The new IWC Portugieser Yacht Club is now also available in 18K red gold under ref. IW390501 and its case has been downsized from 45.4 mm to 43.5 mm. While this change in size seems barely noticeable in the numbers, it does make a big difference in the way the watch wears now. Powered by the in-house automatic calibre 89361, the new IWC Portugieser Yacht Club  the chronograph demonstrates its sporting qualities with a flyback function and an additional flange with quarter-second calibration for short stop times. Stop times longer than a minute are shown like the time of day on a separate analogue subdial.