A veteran in the watch industry, Richard Mille began his career in 1974 as a commercial director for one of the world's largest watch companies where he remained for 20 years. In 2000 he started developing his own timepieces, inspired by the perfection found in the automobile and aviation industries. The innovative technical choices applied to the design of his sophisticated watches required thousands of hours to develop. In August 2001 the first watch, the Tourbillon RM 001, was launched followed by the Tourbillon RM 002 the same year a further improvement of its predecessor featuring a titanium plate and function indicator. In 2002, Richard Mille introduced the Tourbillon RM 003 with dual-time indicator, such as the present lot.