Panerai continues to set sails with another sea theme timepiece. Their collaboration with the “International Circuit for Classic Sailing Yachts” has spawned multiple watch creation models along the years for the “Panerai Classic Yachts Collection” – PCYC. Today we’re looking at a new trio to this fleet, in the form of the “Panerai Luminor Chronograph Yachts Challenge” 2019 editions.


Since 2005 PCYC is recognized as the most important international circuit of regattas reserved for classic and vintage yachts. Panerai has also been involved in way form or another with the PCYC since their inception. The yacht scene and especially these high profile competitions have always been noteworthy events for the Italian founded manufacturer. There was a previous trio of PCYC watches released by Officine Panerai, back in 2017 with a more vintage inspired design, which you can learn more about here.


The 44mm cushion-shaped case is available in either: matte black ceramic (PAM00788) with a matching black ceramic bezel;

Panerai Luminor Yachts Challenge 2019-PAM00788

Ref#: PAM00788

Panerai Luminor Yachts Challenge 2019-PAM00788-03

or a brushed titanium (PAM00764) with a bezel in polished titanium; both with a solid screw-down DLC titanium case back that has been engraved with the silhouette of a yacht. All topped by a sapphire crystal that assists with water-resistance on this watch reaching up to 100 meters (330 feet).

Panerai Luminor Yachts Challenge 2019-PAM00764

Ref#: PAM00764

 Panerai Luminor Yachts Challenge 2019-PAM00764-03x

But, there is a third option made of brushed Goldtech™ (PAM001020) with a transparent sapphire exhibition case back that also features the silhouette of a yacht, but it has been engraved on the sapphire crystal. This gold used by Panerai is a special alloy which differs from standard gold.

Panerai Luminor Yachts Challenge 2019-PAM001020

Ref#: PAM001020

Panerai goldtech has a percentage of copper giving the material an intense red hue that is particularly elegant and sophisticated. Beside the cases alloy this version distinguishes itself from the other two options due to the transparent case back, which also limits its water-resistance to 50 meters (164 feet).

Panerai Luminor Yachts Challenge 2019-PAM001020-03

Time is exhibited on Panerai’s characteristic sandwich dials in either black or blue. The PAM 764 & 788 both have the black colored dial with white hour index markers and the Arabic numerals 6 and 12; followed by a ring of smaller white printed minute index markers, with slightly bigger makings for each 5-minute increment. Near the periphery circling the circumference of the dial is a blue colored tachymeter and knot scale.

Panerai Luminor Yachts Challenge 2019-PAM00788-05

While the PAM 1020 has all the same content spread over its dial, but on a blue colored dial with an orange colored tachymeter and knot scale that has white numerals.


There are two sub-dials on all three versions: a 12-hour counter at 3 o’clock and a sub-seconds at the 9 o’clock position. The hands of these sub-dials have been colored blue or gold depending on the chosen model. On the lower-half of the dial we find the inscription “PCYC” and “FLYBACK”. The central matching alloy hands of each version, as well as the sub-dial hands, hour index markers and Arabic numerals have been fitted with a luminescent coating, for an enhanced legibility.

Panerai Luminor Yachts Challenge 2019-PAM00764-02 - CU

Panerai Luminor Yachts Challenge 2019

All three models of the “Panerai Luminor Yachts Challenge” 2019  (References below) are powered by the self-winding in-house mechanical movement, caliber P.9100 with 37 jewels, 13¾ lignes, 302 components and 28,800 vph. It comes equipped with a Glycydur® balance and Incabloc® anti-shock device. Power reserve on this watch can last up to 72 hours (3 Days), when fully wound.

Panerai-caliber P9100R

Mounted to the watches is a black rubber strap on the PAM 764 and 788, while the PAM 1010 is attached to a blue alligator strap with exposed beige stitching. For more up to date information visit the official Panerai website here.

Panerai Luminor Yachts Challenge 2019-PAM00764-05

Ref#: PAM00764

MSRP: $13,300.00 USD – (PAM00764) – titanium

Panerai Luminor Yachts Challenge 2019-PAM00788-04

MSRP: $15,900.00 USD – (PAM00788) – black ceramic

Panerai Luminor Yachts Challenge 2019-PAM001020-05

MSRP: $28,300.00 USD – (PAM001020) – goldtech

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Written by Mauro Az