A tourist is reeling after his £1m watch was swiped off his wrist by a pickpocket in Ibiza.
The unnamed victim, 22, from Azerbaijan, was walking along the seafront with a friend when he was mugged in broad daylight.
The thief nabbed the Formula One inspired wristwatch - considered one of the world's most valuable watches - after shoving his victim several times.
The culprit then made off with his haul, which police say is worth 1.2 million euros.
Only 75 of the record-breaking ultralight watches exist in the world.
The tourist was left with injuries to his wrist and arm.
Police say he was staying in a hotel and immediately went to the police station to report the theft.
The watch is a Richard Mille (RM) 50-03 MCLaren F1 valued at approximately 1,150,000 euros.
It is the lightest in the world, weighing only 40 grams with the strap included.
The watch is inspired by the McLaren F1 cars and is a tourbillon (a specific mechanism of watchmaking), that is, the entire mechanism inside the case rotates at a rate of one revolution per minute, thus nullifying the effects of gravity.
In addition to that, the RM 50-03 features chronograph function of fractions of a second to measure lap times, a power reserve of 70 hours, and a torsion sensor to avoid winding.
