Porsche on Friday unveiled a new 911 GT2 RS.

The 700-horsepower track superstar is the fastest, most powerful 911 in the nameplate’s history. It’s even tipped to be faster than the Lamborghini Huracán Performante which currently holds the Nürburgring production car record with a time of 6:52.01.

Porsche is expected to build just 1,000 examples of the car, and given the way these limited edition cars have been appreciating in value in recent years all 1,000 are almost certainly accounted for. But it’s not just a limited edition car the lucky few will be signing up for. Porsche is offering a limited edition watch as part of the deal for an extra $11,000.

2018 Porsche 911 GT2 RS

2018 Porsche 911 GT2 RS

That's right. Shell out the $294,250 for the GT2 RS and you will qualify to spend another 11 grand for a watch.

Porsche turned to its Porsche Design lifestyle and accessories division to craft a special watch for the car’s owners. The resulting watch is called the Porsche Design 911 GT2 RS Chronograph, and it’s the second watch from Porsche Design whose clock movement was developed in-house, a process that took more than three years.

The first was the Chronograph 911 Turbo S Exclusive Series watch just released in June for owners of the 911 Turbo S Exclusive; that watch cost even more at $12,650.

Porsche Design Chronograph 911 GT2 RS

Porsche Design Chronograph 911 GT2 RS

Housed within a titanium case, the movement’s caliber 01.200 includes a flyback function, a load-path-optimized movement bridge and an official COSC certificate of authenticity. Naturally, there are also elements inspired by the latest GT2 RS.

These include the tungsten winding rotor which is modeled on the wheel pattern of the car, the displays that match the design of the tacho, and the clock face which is made from carbon fiber, just like some of the car’s body.

Deliveries of the GT2 RS commence in the fourth quarter. The watch is available now, but only if you plunk down more than a quarter million dollars for the car.

[Editor's Note: A previous version of this story stated that the watch came with the car and that the GT2 Chronograph is the first watch from Porsche Design whose clock movement was developed in-house. The watch actually costs $11,000 for GT2 RS buyers, and this is the second watch with a movement developed in-house.]