The Ulysse Nardin Diver Chronograph Artemis Racing celebrates the brand’s partnership with America’s Cup team Artemis Racing, and it gets some good stuff from the deal. The Artemis Racing logo is very effective and it appears on one of the metal elements on the rubber strap, and on the 30-minute chronograph at 9 o’clock. There are racing scenes both in relief on the dial and on the medallion on the back.

The piece is described as a diving watch, with 200 metres water resistance, a unidirectional bezel to help record dive time safely, and luminescent SuperLuminova markers on the dial and hands. The screw-down crown is rubberized to further increase water resistance, and this fits the overall approach of the watch: it’s entirely coated in vulcanized rubber. This gives it an unusual feel and appearance. All considered, this is a desktop diver, an all-round watch that you know you can wear anywhere without having to worry about splashes or torrential rain. You can’t use the chronograph pushers underwater.

It’s large at 45.8 mm diameter, and very attractive in its blue colour scheme with touches of yellow. Inside, the Calibre UN-35, with 57 jewels, provides about 42 hours power reserve. It’s not an in-house movement, but rather an ETA 2892-A2 movement with a chronograph module added by Dubois Dépraz. The chronograph pushers operate smoothly, with a firm click when you start and stop the chronograph.

The Ulysse Nardin Diver Chronograph Artemis Racing, the third edition produced with Artemis Racing, is limited to 250 pieces. Its reference is 353-98LE-3/ARTEMIS. Its price is €10,800 inclusive of tax. It will be available in boutiques from February 2017.