Team IWC Racing is celebrating its return to Goodwood with a limited edition "Racing Works" collector's set created in collaboration with Hot Wheels. The set includes a Pilot's Watch Chronograph Edition "IWC x Hot Wheels Racing Works" timepiece that features a 43mm grade 5 titanium case with a dark grey matte finish. The side of the watch is engraved with the iconic Hot Wheels flame logo and the dial is decorated with a checkered racing flag motif. Powering the watch is IWC's own 69385 automatic movement, which has a power reserve of 46 hours. The watch comes packaged in a special edition metal toolbox that also contains a limited edition Hot Wheels Mercedes-Benz 300 SL "Racing Works Edition" complete with opening gullwing doors and a detailed replica of the car's interior.