This Hot Wheels car and IWC watch are expected to fetch a pretty penny on the block

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2021 IWC and Hot Wheels collaboration box set.
2021 IWC and Hot Wheels collaboration box set.
  • IWC and Hot Wheels collaboration continues beyond Team Transporter model launched in 2019.
  • Limited edition watch, car and tool kit set features bespoke touches that you won't find elsewhere.
  • Unit 1 of 50 is now on the block on the Bonhams website with bids expected to reach R1 million.
  • For motoring news, got to Wheels24

At last weekend's 78th running of the Goodwood  Members' Meeting in the UK, International Watch Company (IWC) unveiled its new limited edition IWC x Hot Wheels Racing Works collectors set. Only 50 of these limited edition collector sets are being made for aficionados worldwide, and the first unit of these sets is now up for auction on the Bonhams website.

The stunning collectable set contains an IWC Pilot's Watch Chronograph Edition and a custom die-cast Hot Wheels Mercedes-Benz 300 SL "Racing Works Edition" presented in a bespoke metal toolbox.

300 SL Hot Wheels IWC
300 SL with opening doors is a rare sight in 1:64 scale Hot Wheels.

According to the Bonhams website, the lot represents the first set of this limited edition, and all proceeds will be given 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 custom tools that are mostly made from re-purposed materials.

Tool kit box comes with the set
Tool kit box comes with the set.

Other activities of the foundation include workshops and events, field trips or summer camps for children. Leah Hanes, CEO of the Two Bit Circus Foundation, says that the 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," she adds.

IWC Pilots Watch Chronograph Edition
IWC Pilots Watch Chronograph Edition.

The Pilot's Watch Chronograph Edition included in this set features a 43mm case made of grade five titanium. IWC says this specific type of metal was chosen as an engineering material favoured by the Hot Wheels team and its internal design teams. It is lighter and more rigid than steel, highly resistant to corrosion, and often used in automotive engineering.

The timepiece's flat, dark grey colour results from an intricate surface treatment in which the case components are first polished and then blasted. The case features an eye-catching engraving of the Hot Wheels flame logo on its side at 9 o'clock. The black dial is decorated with a subtle racing flag pattern around the chronograph totalisers.

IWC Pilots Watch Chronograph Edition.
IWC Pilots Watch Chronograph Edition

IWC say that depending on the amount of light the watch is exposed to, 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, visible through the smoked glass case back. The timepiece is fitted on a silver and black one-piece textile strap, which mimics the colour scheme of the IWC Racing Mercedes-Benz 300 SL that's included in the exclusive set.

300 SL Hot Wheels IWC
This model is said to be one of the most detailed 1:64 scale Hot Wheels cars ever made.

The Hot Wheels Mercedes-Benz 300 SL Racing Works Edition car included in the kit was sculpted and detailed by Manson Cheung with graphics by Steve Vandervate and IWC designer Nicholas Schmidt. They say it's one of the most detailed 1:64th Hot Wheels models ever created, and only 50 units have been manufactured exclusively in the Hot Wheels prototyping workshop.

This version of the 300 SL features opening gullwing doors, a 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, are present too. As this vehicle will be a limited run of only 50 pieces, it will undoubtedly take its place as one of the rarest official Hot Wheels models ever released.

If you would like to get your hands on number 1/50, you better head on over to the Bonhams website to place a bid immediately. Alternatively, you can get in touch with IWC directly to see how you can secure one before they are all snapped by wealthy watch and motorsport fanatics.

Which watch brand, and make and model of car would you like to see Hot Wheels collaborate with next? Let us know in the comments section below, or drop us an email here.

Sources: Bonhams Hot Wheels IWC

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