Boat races and watches-a weird and yet?seemingly ever-green combination. A few years ago, IWC joined the craze and has?chosen to sponsor the Volvo Ocean Race, a remarkably challenging, round-the-world race that starts this October in Alicante, Spain, and terminates in Gothenburg, Sweden, in June 2015. With regards to?IWCs role more specifically, the brand is?the events Official Timekeeper, partner of?the Abu Dhabi Ocean Racing team, and sponsor of the 24-hour speed record.And while that does seem like a total overkill for someone not that?into the world of competitive sailing, this web of collaborations?does result in a surprisingly?restrained, yet sporty-looking chronograph that arguably makes a lot more sense than the sponsorship-frenzy behind it. The watch dedicated to?the event is the?IWC Portuguese Yacht Club Chronograph Ocean Racer, a limited edition of just 1,000 pieces. It was almost three years ago that we discussed its predecessor (article here),?the 2011-2012 limited edition which?featured a titanium case and carbon fiber dial; and it sure is interesting to see the 180 degree turn the new model shows when compared to the previous version. For 2014, IWC released a more?mature, dare we say more down-to-Earth iteration, as the new IWC Portuguese Yacht Club Chronograph Ocean Racer sports a case in stainless steel, a clean-looking?and highly legible white dial with?beautiful blue indices and hands, as well as a splash of red here and there, for a bit sportier of an appearance.The IWC Portuguese Yacht Club Chronograph Ocean Racer is a?substantially sized watch,?at over 45 millimeters wide and 14.5 millimeters thick, and it?is rated to be water resistant to 6 bars-meaning that it should be able to resist any splashes?of water it will be exposed to aboard a racing yacht, while it really is not suitable for swimming.Functionality-wise, the latest model brings?nothing new to the table, as it displays the hours and minutes, the running seconds on a sub-dial at 6 oclock, the date, and features?a flyback chronograph that measures up to 12 hours.?Although?we have seen this bi-compax layout in numerous other models from IWC, the sub-dial at 12 oclock that comprises the displays for both the minutes and hours of the chronograph remains a neat detail, as it?makes for a?more balanced dial, without compromising functionality or legibility. The movement inside is IWCs in-house manufactured?89361?movement, and it is proudly displayed through the sapphire caseback-as opposed to being covered up by the engraved caseback we are used to seeing on so many of these limited edition watches. The movement?features a flyback chronograph, IWCs double-pawl winding system with a 360-degree rotor designed to resemble a ships wheel, and it offers an ample 68 hours of power reserve.However, it is not necessarily the?clever movement or the somewhat over-done marketing behind the watch that is really interesting, but what the styling of this 2014-2015 model indicates: the?more restrained design-lacking?all the?carbon-fiber and titanium-shows that?after recent years high-tech craze, the direction?apparently is a more elegant aesthetic, one that is arguably more suitable to a mature brand like IWC.?Nevertheless, technological advancements (i.e. the complex in-house movement) remain-they are just back under the hood.The?IWC Portuguese Yacht Club Chronograph Ocean Racer will be limited to 1,000 pieces and is priced at 12,500, or about $15,800. iwc.com [...]