The Hourstriker Verdict
The newest release from Depancel sees the brand join forces with French Formula 2 and 3 team DAMS Lucas Oil for a limited edition timepiece. The Serie R01 DAMS Lucas Oil edition is housed in a large rectangular stainless steel case and features a two register display. The aesthetic of the watch uses the same Deep Blue racing colors of the DAMS Lucal Oil team. The Serie R01 is powered by the super reliable Miyota 9122 automatic movement. I love that Depancel is now sponsoring a Formula 2 team, since we ended up preferring watching Formula 2 over Formula 1 last year and are very familiar with the series.
— Peter, Editor-in-Chief
Depancel, operating out of the historical French watchmaking hub of Besançon, has entered a formal manufacturing partnership with the racing outfit DAMS Lucas Oil for the 2026 motorsport season. DAMS has operated primarily in Formula 2 and Formula 3 since 1988, serving as a critical developmental proving ground for drivers entering the highest tiers of open-wheel racing. The resulting collaboration materializes in the Serie R01 Depancel × DAMS Lucas Oil, a limited-production triple calendar watch built upon a heavily structured rectangular chassis. The release aggressively targets the highly competitive sub-$1,000 market segment, providing a mechanical automotive-themed instrument without the premium pricing typically associated with established Swiss-branded racing chronographs. Depancel utilizes an outsourced Japanese engine to maintain this precise price point, allocating the vast majority of the production budget toward complex case finishing and a multi-tiered dial design. The decision to partner with a feeder-series racing team rather than a headline Formula 1 constructor allows Depancel to maintain its brand identity within a niche, enthusiast-driven space. Bypassing the massive licensing fees that often inflate the retail cost of motorsport collaborations allows the hardware itself to dictate the value proposition.
The historical precedent for square or rectangular chronographs and racing instruments traces back to the late 1960s, a period when aggressive case geometries were introduced to accommodate newly developed automatic movements. The Serie R01 leans heavily into this specific historical aesthetic, utilizing the squared format to maximize dial real estate and legibility while a driver's hands are positioned on a steering wheel. By avoiding the standard circular footprint, Depancel forces a different ergonomic relationship between the watch head and the wrist, necessitating careful attention to the downward slope of the lugs. The watch measures exactly 43mm from top to bottom and 36mm across the horizontal axis, providing a substantial physical footprint that commands attention. The overall aesthetic is strictly tied to the paddock, rejecting any attempt to function as a versatile dress piece. The design language is heavily dictated by the visual codes of the DAMS Lucas Oil livery, resulting in a highly specific, purpose-built aesthetic.

Courtesy of Depancel
The Case and Dial
The exterior architecture of the Serie R01 relies entirely on a solid block of 316L stainless steel, shaped into a squared-off rectangular format with heavily faceted edges. The specific alloy incorporates molybdenum, which actively prevents specific forms of corrosion, making it the industry standard for sporting applications where exposure to sweat and varying climates is expected. The case geometry utilizes a 50mm lug-to-lug distance, which, combined with the 22mm lug width, dictates a broad, flat stance on the wrist. Thickness is measured at exactly 12.9mm in total, though the central case block itself accounts for 12mm, with the remaining 0.9mm attributed to the protrusion of the sapphire crystal. Depancel employs distinct, alternating finishing techniques across the various outer surfaces to break up the visual mass of the steel block. The primary top-facing bezel surface receives a coarse vertical brushing, establishing a raw, industrial aesthetic immediately visible to the wearer. The brushed plane transitions sharply into highly polished, angled chamfers located at the 6 and 12 o'clock positions, functioning to visually slim the profile and catch ambient light in high-contrast environments.
On the 9 o'clock flank of the case, a screwed-in metal plaque is mounted directly into a recessed channel, bearing the specific production number out of the strict 200-piece manufacturing run. The left side of the case also houses recessed pusher correctors, necessitating a specialized tool or stylus to quickly advance the calendar functions without stressing the primary crown stem. A customized crown at the 3 o'clock position features a knurled outer grip ringed by a vibrant red aluminum collar, providing exceptional physical traction for manual winding and time-setting while operating with driving gloves. The entire upper silhouette is sealed by a custom-cut sapphire crystal, which is heavily beveled at its outer edges to seamlessly match the downward slope of the steel case. Sapphire is utilized specifically for its exceptional rating of 9 on the Mohs hardness scale, ensuring the broad, flat surface remains entirely free of abrasive scratches during rigorous timing operations.
Looking beneath the crystal, the dial itself is a highly complicated, multi-level assembly executed primarily in DAMS Lucas Oil's signature deep blue colorway. The central medallion sits physically recessed from the elevated outer track and features a fine sunray brushing that radiates from the central pinion, reacting dynamically to direct light sources. Surrounding the inner section, the elevated outer dial base is stamped with deep, vertically oriented grooves that deliberately mimic the structural reinforcement ribbing found on automotive body panels or trackside safety barriers. A striking tricolor racing stripe in French blue, white, and red runs vertically along the extreme left hemisphere of the dial, passing directly beneath the 9 o'clock register and terminating at the minute track. The watch displays calendar information through a highly symmetrical twin-register layout, utilizing sharply black-framed sub-dials. The dual registers feature deeply snailed, concentric circular graining in their blue centers, creating a distinct matte contrast against the sunray background.
Displaying the calendar functions, the 9 o'clock register tracks the specific days of the week, while the opposite 3 o'clock register precisely indicates the current month, with both sub-dials employing highly polished, small white pointer hands. A sharply framed date aperture sits at the traditional 6 o'clock position, printed on a white disc with black numerals, directly below the prominently applied DAMS Lucas Oil and Depancel logos. Time is indicated by partially skeletonized, baton-style hands filled generously with Super-LumiNova C1. Depancel specifically selected the C1 compound because it appears stark white in daylight, maintaining the crisp, high-contrast aesthetic of a dashboard gauge, despite emitting a slightly weaker green glow compared to heavily pigmented C3 formulations. The primary hands are paired with faceted, applied metallic indices that protrude aggressively from the grooved outer dial ring, acting as secondary markers that catch ambient light from multiple angles. Finally, a bright red central sweeping seconds hand provides a necessary jolt of contrasting color, ensuring the running seconds remain highly visible against the dark blue background.

Courtesy of Depancel
The Movement
Driving the timekeeping and calendar operations of the Serie R01 is the Caliber 9122, a self-winding mechanical movement developed and manufactured by Miyota. The implementation of a 9-series Miyota provides a distinct operational advantage over entry-level mechanicals, as it operates at a high-beat frequency of 28,800 vibrations per hour (4Hz). The elevated frequency delivers a significantly smoother visual sweep of the central seconds hand and provides greater stability against kinetic shocks encountered during active driving. The Japanese caliber provides a maximum power reserve of 40 hours when fully wound by the mainspring. Consequently, the watch requires daily wear or dedicated manual winding via the crown to maintain strict timekeeping accuracy if left completely stationary over a standard two-day weekend. The 9122 architecture specifically supports a triple-calendar complication, mechanically advancing the day, month, and date discs precisely at midnight.
It is highly important to note that the Caliber 9122 functions as a standard calendar mechanism, not an annual or perpetual calendar. Therefore, the wearer must manually intervene and advance the date disc at the conclusion of any month containing fewer than 31 days. Depancel has aggressively upgraded the visual presentation of the movement by fitting it with a heavily customized oscillating weight, clearly visible through the sapphire exhibition caseback. The custom rotor is decorated with deep vertical Geneva striping, polished outer bevels, and features the DAMS Lucas Oil shield logo rendered precisely in the French tricolor. The movement's brass base plates present standard industrial finishing, a decision entirely appropriate for the sub-$1000 price tier, prioritizing functional, long-term durability over delicate decoration.
The heavily structured square case architecture provides a strict water resistance rating of exactly 50 meters, or 5 ATM. The specific tolerance level protects the delicate internal mechanical components against high ambient humidity, heavy rain exposure, and incidental splashing encountered during routine hand-washing or trackside maintenance. The case is categorically not engineered for any form of forced submersion. It lacks the heavy-duty compressive gaskets and the locking screw-down crown necessary to withstand the dynamic pressure of swimming or diving. The exhibition caseback is securely fastened by four individual tension screws positioned precisely at the extreme corners of the squared case. The four-point mounting system is the traditional and most secure method for sealing non-circular case backs, ensuring perfectly even pressure distribution across the perimeter rubber gasket.

Courtesy of Depancel
The Strap
Depancel provides two highly distinct strap variations for the Serie R01 configuration, both measuring precisely 22mm at the crucial case integration point. The first option is a heavily perforated blue calfskin leather strap, leaning into the traditional rally style originally developed in the 1960s to aggressively reduce physical weight and increase crucial ventilation for racing drivers operating in unconditioned cabins. The specific leather option features tonal blue stitching running down the flanks and is deliberately accented by a small, hand-stitched French flag detail positioned near the upper lug, loudly reinforcing the brand's Besançon origins. The second option is an integrated blue rubber strap engineered with deep, horizontal recessed ribbing that perfectly echoes the textured linear grooves stamped into the watch's main dial. The dense rubber variant offers radically superior resistance to human sweat, ambient moisture, and harsh automotive fluids.

Courtesy of Depancel
Pricing and Availability
The Depancel × DAMS Lucas Oil Serie R01 carries a direct retail price of $895. Physical production is strictly capped at a highly limited manufacturing run of precisely 200 sequentially numbered pieces. The brand explicitly guarantees that the exact technical and visual configuration will not be reproduced once the initial inventory is depleted. The watches are delivered in custom-designed packaging that intelligently includes a highly functional leather travel case. The deliberate inclusion of a comprehensive 5-year mechanical warranty points to Depancel's immense confidence in the sourced Miyota base caliber and their own internal quality control assembly processes located in France.

Courtesy of Depancel
Technical Specifications
Case: 316L stainless steel, 43 x 36mm width, 12.9mm thick, 50mm lug-to-lug, exhibition caseback secured by 4 screws, 50m water resistance.
Movement: Miyota Caliber 9122 automatic, 28,800 vph (4Hz), 40-hour power reserve, customized rotor with DAMS Lucas Oil shield.
Dial: Deep blue with sunray center and ribbed outer track, Super-LumiNova C1 on hands and indices, day/month sub-dials, date at 6 o'clock.
Strap: 22mm lug width, available on perforated blue rally leather with French flag stitching or integrated ribbed blue rubber strap.
Price: $895.00
Reference Number: Serie R01
Notes: Limited to 200 numbered pieces worldwide, includes leather travel case and 5-year mechanical warranty.