A pickpocket in Ibiza stole one of the world's most valuable watches worth nearly £1million from a tourist.
Billed as the lightest tourbillon split-second chronograph ever developed, the RM 50-03 weighs just 38 grams, strap included.
![The Richard Mille 50-03 McLaren F1 was stolen from an Azerbaijani tourist in Ibiza. Photo / Richard Mille](https://www.nzherald.co.nz/resizer/v2/Q7U6SIS45AQEMEOOZEU7VMPJEQ.jpg?auth=21851ec050439f54f99f317ba0ab7d32e3e017c5ab5d52742a548a66fe274463&width=16&height=10&quality=70&smart=true)
The thief, thought to be in his 30s, shoved an Azerbaijan tourist, aged 22, and stole the Formula One inspired wristwatch in broad daylight.
Police say the watch is worth €1.2 million (NZ$2 million). Only 75 of the watches exist in the world.