Reference
Richard Mille Automatic Flyback Chronograph
Reference RM 11-03 · Carbon TPT
The lowest current ask for the Richard Mille Automatic Flyback Chronograph (ref. RM 11-03) is $170,000 at Material Good, among 2 live listings we track. Updated October 1, 2026. View lowest ask →
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About this reference
The Richard Mille RM 11-03 Automatic Flyback Chronograph was introduced in 2016 as the successor to the RM 011 and remained in production until approximately 2022. Collectors prioritize this reference for its RMAC3 caliber, which features a variable-geometry rotor and an annual calendar with an oversized date. The Carbon TPT case construction utilizes layers of parallel filaments for high tensile strength and a distinct striated aesthetic. This specific model represents a bridge between the brand’s early design language and its modern technical era. On the secondary market, the Carbon TPT variant typically trades in the mid-to-high six-figure range, often between $350,000 and $500,000 depending on condition and provenance. A notable production variant is the RM 11-03 McLaren, limited to 500 pieces, which frequently commands a premium at auction due to its specific automotive partnership and orange Quartz TPT accents.
