Panerai Luminor Luna Rossa PAM01768 & GMT PAM01791: America's Cup-Inspired Dive Watches
Panerai and Luna Rossa Partnership Sets Sail with Two New Luminor Models

As the countdown to the 38th America's Cup in Naples continues, Panerai has expanded its long-running partnership with Luna Rossa sailing team through two new Luminor models. The Luminor Luna Rossa Chrono PAM01768 and Luminor Luna Rossa GMT PAM01791 bring performance-focused complications to Panerai's iconic dive watch platform.
Two Approaches to Performance
The Luna Rossa partnership, active since 2019, has produced watches that look unmistakably Panerai but incorporate technical touches from Carbotech cases to useful complications. These latest additions offer distinct purposes: the Chrono is built around timing and performance, while the GMT is better suited to daily wear with its versatile 40mm size and first-ever metal bracelet in the Luna Rossa collection.

Luminor Luna Rossa Chrono PAM01768
Housed in a 44mm brushed steel case, the PAM01768 pairs a silver sun-brushed dial with red accents inspired by the Luna Rossa team colors. It features a tachymeter scale for measuring average speed over a set distance, working together with the central red-and-white chronograph seconds hand. The calibre P.9210 automatic chronograph movement beats at 28,800 vibrations/hour with a 42-hour power reserve.
Luminor Luna Rossa GMT PAM01791
At 40mm, the PAM01791 is among the most compact Luna Rossa watches ever made. It becomes the first Luna Rossa watch to feature a metal bracelet, giving the collection a sportier, more versatile character. The arrow-shaped GMT hand is inspired by the sail of the Luna Rossa yacht. Powered by the automatic P.900/GMT calibre, it offers a 12-hour second-time-zone display and a 3-day power reserve.
Key Specifications
| Model | PAM01768 Chrono | PAM01791 GMT |
| Case | 44mm steel | 40mm steel |
| Movement | P.9210, 42-hr reserve | P.900/GMT, 72-hr reserve |
| Water Resistance | 100m | 100m |
| Strap | Velcro + rubber | Steel bracelet + rubber |
| Limited Edition | 500 pieces | Regular production |
| Price | EUR 11,200 | EUR 11,100 |

The PAM Click Release System
Both watches feature Panerai's PAM Click Release System, allowing the bracelet or strap to be swapped for another without tools. The Chrono comes with an elastic Velcro strap featuring a red central stripe and a quick-adjust design, plus a second black rubber strap. The GMT's taper-shaped steel bracelet gives it a distinctively sporty presence.
Related Reading
- The Panerai and Luna Rossa Partnership: Racing Meets Watchmaking
- Panerai GMT Watches: Everything You Need to Know
Frequently Asked Questions
What is the PAM Click Release System?
It is Panerai's tool-free strap changing mechanism, allowing owners to swap between the included bracelet/strap and rubber strap by pressing buttons on the underside of the case near the lugs.
When is the 38th America's Cup?
The 38th America's Cup is scheduled for 2027 in Naples, Italy. Panerai's Luna Rossa releases are timed to build anticipation for the event.
Can I buy the PAM01791 GMT on just the bracelet?
Yes, the PAM01791 joins the regular Panerai collection and comes with both a steel bracelet and an additional black rubber strap.
Source
Based on reporting from Monochrome Watches (July 15, 2026) by Mohak Gupta.
