Precision watches and fast cars share a common history. It has even been said that a fine watch is the equivalent of a race car on your wrist. For years, watch and auto manufacturers have teamed up to produce timepieces that combine precision mechanics with race car–inspired design.

For 2006, the most extraordinary is the Audemars Piguet Millenary Maserati. Its eccentric oval shape perfectly fits the wrist, while the dials blend together like a futuristic car dashboard. This year's edition of Rolex's wildly popular Daytona model contains what many consider the greatest mechanical chronograph movement around. "The Legend," the newest Omega Speed­master, is a dead ringer for one of the most famous race-car watches of all time, the Rolex Paul Newman Daytona, with the exception that the Omega has a date aperture. Two other fine entries in the sports car–watch derby are the Chopard Alfa Romeo and the TAG Heuer Carrera Tachymeter Automatic Chrono. Both feature unusual bands that distinguish them from the rest of the pack.