At the 2013 Geneva Motor Show in March, Ferrari unveiled its latest flagship supercar, elegantly titled LaFerrari. It's a beast of a machine sporting almost 1,000 horsepower, and we featured a full write-up (with plenty of photos) at the time of its unveiling. Now, just a couple of months later, a wristwatch designed to match the look and feel of the LaFerrari has been announced. Those with deep pockets and a penchant for luxury watches should read on, while the rest of us instead resign ourselves to looking at our phones when we need to know what the time is.

The Hublot MP-05 LaFerrari was created as a tribute to the LaFerrari, with the Hublot engineers having designed, developed, and produced the timepiece in parallel with the car. The face is made from sapphire crystal, shaped to be reminiscent of the car's outline. The case and buckle are crafted from black PVD titanium, with the strap being made from rubber.

A total of 637 components power the movement of the watch, which is a record for Hublot. The MP-05 LaFerrari features a 50-day power reserve, which is a world record for a hand-wound Tourbillon wristwatch – not that you're expected to wind it up with your hand, as a miniature power drill does the job for you. There are 11 series-coupled barrels set in a spine formation down the center of the watch, which work together to keep the watch turning for up to seven weeks at a time.

There are cylinders – made with anodized black aluminum inlaid with SuperLuminova markings – to the left and right of the center barrel. Those to the left indicate the amount of power remaining, with those on the right used to tell the time. Reinforcing bars are placed either side of the cylinders, with the red used being another nod to Ferrari.

Only 50 of these limited-edition watches are being made, making it more exclusive than the LaFerrari car itself, of which there will be 499 made. Hublot hasn't officially announced the price of the MP-05, but reports suggest it will cost in the region of US$300,000. This is an absolute fortune to most of us, being closer to the amount we'd spend on a house instead of a watch. However, if you can afford the $1.3 million needed to buy the car, the watch designed to accompany it could be considered an absolute steal.

Source: Hublot