The Richard Mille RM 011 is the Felipe Massa automatic flyback chronograph launched in 2007: a 50 by 40 mm tonneau case in three parts, held by grade 5 titanium spline screws, around the calibre RMAC1 with flyback chronograph, annual calendar, oversize date, 60-minute countdown timer and a variable-geometry rotor. It was Richard Mille's first series chronograph, the watch that turned the brand from a tourbillon maker into a sports-watch maker, and over roughly nine years it appeared in titanium, red and white gold, DLC titanium, carbon, ceramic and bronze in dozens of editions before the redesigned RM 11-03 replaced it in 2016. This guide covers the specifications, the main variants and what they were listed at on 21 September 2026, how the RM 011 compares with the RM 11-02 and RM 11-03, how it wears, and what to check before buying one. Bizak & Co. sources the RM 011 to order; the RM 011 collection lists the editions we can seek.
Last reviewed on September 21, 2026 by Filip Biczak. Prices are dated observations, not quotes.
Richard Mille RM 011 specifications
| Attribute | RM 011 Felipe Massa |
|---|---|
| Case | Tonneau, 50 mm by 40 mm, about 16 mm thick; three-part construction (bezel, caseband, caseback) in titanium, red gold, white gold, DLC-coated titanium, Carbon NTPT, TZP ceramic or bronze, held by grade 5 titanium spline screws |
| Movement | Calibre RMAC1, automatic, skeletonised, grade 5 titanium baseplate and bridges; flyback chronograph with 60-minute countdown timer and 12-hour totaliser; annual calendar with oversize date at 12 and month at 4-5; variable-geometry rotor; about 55 hours of power reserve |
| Dial | Open skeleton with applied numerals or indices, coloured accents by edition; sapphire crystal front and back |
| Crown and pushers | Signed crown with torque-limiting function; chronograph pushers at 2 and 4 with rubber inserts; function selector on later examples |
| Strap | Richard Mille rubber strap with signed titanium folding clasp; some editions on Velcro or leather |
| Water resistance | 50 m |
| Production | 2007 to about 2016, replaced by the RM 11-03; the RM 11-02 GMT ran alongside it from 2013 |
Sources: the Richard Mille collections page, which lists the current RM 11 references that descend from the RM 011, and the Richard Mille services page for warranty and service terms on discontinued references.
What is the Richard Mille RM 011 and why does it matter?
Richard Mille began in 2001 with hand-wound tourbillons priced far above anything with a comparable movement, and for its first six years the brand's series-production watches were time-only automatics such as the RM 005 and RM 010. The RM 011, developed with and named for the Brazilian Formula 1 driver Felipe Massa, changed that. It gave the brand a complicated automatic that could be worn on a racetrack, in a paddock and at dinner, in a case whose skeletonised dial showed the date discs, the column wheel and the rotor working. It sold in numbers that no previous RM had, it became the model on which the brand tried new case materials as they arrived, and it created the template, tonneau case, oversize date, flyback chronograph, rubber strap, that every RM 11 since has followed. When people picture a Richard Mille, they usually picture an RM 011 or one of its successors.
RM 011 variants and editions
| Edition | Case material and notes | Bizak catalogue ask, 21 Sep 2026 (sourced to order) |
|---|---|---|
| RM 011 titanium | The base model; brushed titanium, carbon bezel on some examples | US$154,999 |
| RM 011 white gold and titanium | White gold bezel and caseback with titanium caseband | US$159,999 |
| RM 011 DLC titanium | Black DLC coating; Spain Edition at a small premium | US$166,999; US$169,999 Spain Edition |
| RM 011 Le Mans Classic titanium | Green accents for the Le Mans Classic meeting | US$174,999 |
| RM 011 red gold | Full red gold case; Ivory and Boutique editions | US$224,999 Ivory; US$239,999 Boutique; US$242,550 standard |
| RM 011 Polo de Deauville | White gold and titanium with green accents | US$240,999 |
| RM 011 Black Phantom | Black TPT and Quartz Carbon | US$249,999 |
| RM 011 carbon, yellow accents; Bronzo | Carbon case with yellow indices; bronze case with yellow accents | US$259,999 each |
| RM 011 Le Mans red gold and titanium; Midnight Fire; Grosjean Lotus F1 | Regional and driver editions | US$269,999 to US$279,999 |
| RM 011 Black Night NTPT; Boutique DLC and red gold; Asia carbon and ceramic | Carbon NTPT and mixed-material boutique editions | US$299,999 each |
| RM 011 GMT Shanghai NTPT; Baby Blue ceramic Last Edition | Late limited editions; the Baby Blue closed the reference | US$420,999; US$449,999 |
The pattern is straightforward: plain titanium is the entry, precious metals and DLC add US$5,000 to US$90,000, and carbon, ceramic and named editions sit from US$250,000 upward, with the last editions highest. Those are asks on the day, not sales; the Richard Mille price guide explains how to compare them with retail.
RM 011 vs RM 11-02 vs RM 11-03: which RM 11?
| RM 011 (2007 to 2016) | RM 11-02 (2013 to 2016) | RM 11-03 (2016 to date) | |
|---|---|---|---|
| Movement | RMAC1, flyback chronograph, annual calendar, countdown timer | RMAC2, adds a second time zone on a rotating flange | RMAC3, redesigned with a visible column wheel and gearbox-style layout; stronger baseplate |
| Case | 50 by 40 mm, flatter bezel, crown without integrated pusher guards | Same 50 by 40 mm case with GMT pusher at 9 | Similar size, redesigned bezel with pusher guards and a more sculpted profile |
| Dial | Open skeleton, oversize date, month indicator | As RM 011 with UTC hand | Reworked skeleton with red or coloured accents and a more open view of the movement |
| Retail status | Discontinued; secondary market only | Discontinued; secondary market only | Current, boutique allocation; secondary above retail |
The RM 011 is the original and the one with the widest choice of editions. The RM 11-02 adds a GMT for travellers and is rarer. The RM 11-03 is the current watch with the better movement and a factory warranty, at a higher price. A buyer who wants the design at the lowest cost picks a titanium RM 011; a buyer who wants the latest picks the RM 11-03.
How does the RM 011 wear?
At 50 mm long and 40 mm wide the RM 011 is a large watch on paper, but the tonneau case is curved to the wrist and the titanium version weighs far less than a steel chronograph of similar size, so it sits flatter and feels smaller than the dimensions suggest. Gold versions are noticeably heavier. The rubber strap and folding clasp are part of the design and should be sized so the case does not rotate. Wrists above about 16.5 cm (6.5 inches) carry it well; below that, the smaller RM 67-01 or the RM 005 are the alternatives. Legibility is the RM 011's one weakness: the skeleton dial and coloured hands read well in daylight and poorly at night.
How much is a Richard Mille RM 011?
- Original retail. The RM 011 was sold through Richard Mille boutiques and authorised retailers at prices that rose with each edition and material; the brand publishes retail figures on request, and the reference has been out of production since about 2016.
- Secondary market. Through 2025 and 2026 dealer asks for titanium examples have generally sat in the mid-to-high US$100,000s, precious-metal examples in the low-to-mid US$200,000s, and carbon, ceramic and last editions from US$250,000 to US$450,000, with condition, set and edition driving the spread.
- Bizak catalogue asks. On 21 September 2026 our sourced catalogue listed the RM 011 from US$154,999 in titanium to US$449,999 for the Baby Blue ceramic Last Edition, with the standard red gold at US$242,550, all sourced to order.
Those figures describe what we saw and will move. Ask for a dated quote for the exact edition, year and set; the Richard Mille prices by reference guide sets the RM 011 against the rest of the range.
Is the RM 011 a good investment?
It is a discontinued reference with a fixed supply, a recognisable design and a large number of editions, which has kept demand steady rather than speculative. Named and limited editions have generally appreciated since the reference ended; plain titanium and gold examples have held their value or risen slowly. The watch to buy is a complete, boutique-serviced example of a specific edition; a watch-only titanium RM 011 with a replacement strap is cheaper for a reason. Buy it to wear; if resale matters, ask for a written cash-buy assessment before you commit.
Buying a used RM 011: what to check
- Warranty card and serial. The serial on the caseback should match the card; ask the seller to confirm the boutique record and that the watch is not reported stolen. Richard Mille does not reissue cards.
- Spline screws. The screws through the bezel and caseback should be evenly seated with crisp, undamaged heads; damaged screws mean the case has been opened with the wrong tool.
- Movement. Through the display back the RMAC1's titanium baseplate should show even PVD finishing and the rotor should carry the variable-geometry wings; the chronograph should start, stop, fly back and reset cleanly and the date should jump at midnight.
- Case material. Titanium shows scratches on the brushed bezel; DLC shows wear at the edges; carbon and ceramic hide wear but chip at corners. Check the caseband where the strap meets the case.
- Strap and clasp. Original straps crack at the lugs with age; a boutique replacement is expensive, so factor it in. The clasp should be signed and close firmly.
- Service history. Ask when the watch was last serviced by Richard Mille; a chronograph with an annual calendar is costly to service, and a recent receipt has real value.
- Price against the band. A named-edition RM 011 offered well under the market is the single most reliable warning sign; the how to spot a fake Richard Mille guide covers the details.
Our authentication process describes what we inspect before dispatch.
Quick answers
How much is a Richard Mille RM 011?
Between US$154,999 in titanium and US$449,999 for the Baby Blue ceramic Last Edition in Bizak's sourced catalogue on 21 September 2026, with the standard red gold at US$242,550 and most named editions between US$250,000 and US$300,000.
What movement is in the RM 011?
The calibre RMAC1, an automatic flyback chronograph with annual calendar, oversize date, 60-minute countdown timer and a variable-geometry rotor, built on a grade 5 titanium baseplate with about 55 hours of power reserve.
Who is the RM 011 named after?
Felipe Massa, the Brazilian Formula 1 driver who partnered with Richard Mille from 2004 and wore the watch while racing; the RM 011 launched in 2007.
What is the difference between the RM 011 and the RM 11-03?
The RM 11-03 of 2016 replaced the RM 011 with the redesigned RMAC3 movement, a more sculpted bezel with pusher guards and a reworked skeleton dial. The RM 011 is discontinued; the RM 11-03 is current.
Is the RM 011 still made?
No. Production ended around 2016, so every RM 011 is a secondary-market purchase; Richard Mille still services the reference through its boutiques.
Request an RM 011 sourcing quote
Tell us the edition, case material, preferred year range, condition and whether the warranty card is required, plus your budget and timing, through our sourcing enquiry form. We confirm the specific watch, photographs, card and final price before you commit. Catalogue entries: RM 011 titanium, RM 011 red gold, RM 011 DLC titanium, RM 011 Black Night NTPT; browse the RM 011 collection, the Richard Mille collection, or sell or trade your Richard Mille.
Related reading: Richard Mille price guide · Richard Mille prices by reference · Cheapest Richard Mille watches · Rolex Daytona 126500LN guide.
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