Richard Mille RM 11-03 ‘Last Black Edition’ Automatic Flyback Chronograph Black Ceramic

The RM 11-03 “Last Black” is peak RM 11: a flyback chronograph with annual calendar wrapped in the brand’s most recognizable case. The curved tonneau carries its size well—broad presence without slabby edges—and the layered carbon keeps it light and tough. On wrist, it telegraphs “driver’s chronograph” but reads less flashy than gold editions, which is exactly why collectors keep circling back to it. The variable-geometry rotor adds practical intrigue; you can feel the watch “wake up” with movement and settle when you do. Specs · Case: 49.94 × 44.50 × 16.15 mm, Carbon TPT· Movement: RMAC3, automatic flyback chronograph· Hero spec: Variable-geometry rotor annual calendar· Reference: RM 11-03 Reference NumberRM 11-03ModelRM11-03 Last Black EditionMovementAutomaticCase MaterialBlack CeramicBracelet MaterialBlack RubberDialSkeletonCase Diameter50mm