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RACE AGAINST TIME

An iconic Rolex watch worn by Paul Newman in 1960s racing movie just sold for a record £13MILLION

Once one of the most famous faces in Hollywood, any memorabilia that has Paul Newman's name tied to it will carry a hefty price tag. But the sale of his beloved Rolex racing watch has exceeded all expectations

A UNIQUE Rolex watch formerly owned by actor and racer Paul Newman has sold for a world record £13million.

The one-of-a-kind "Paul Newman" Daytona time piece was quickly snapped up after going up for public auction for the first time ever.

 One of the most sought-after watches in the world
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One of the most sought-after watches in the worldCredit: Rolex

First given to him during filming of the 1969 race car film "Winning", the watch did not leave Newman's wrist for 15 years, with the Hollywood star wearing it every day until it was last seen in 1984.

Built especially for motor racing, the Rolex Cosmograph Daytona was gifted to the actor by wife Joanne Woodward who had the words "Drive Carefully ME" engraved on the back.

It is considered one of the most valuable collectors watches in the current market, as its "exotic" dial, hand-picked by Woodward, became globally popular and influenced a massive increase in sales for Rolex's Daytona models.

Seller James Cox, was given it by the actor in 1984 while dating Newman's daughter Nell.

 The engraving from Newman's wife Joanne Woodward can still be seen on the back
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The engraving from Newman's wife Joanne Woodward can still be seen on the backCredit: Rolex

Reportedly "treasuring" it for the last 33 years, Cox could never have imagined that gift would eventually sell for the most ever paid for a wrist watch.

The movie "Winning" is said to have ignited Newman's passion for racing, after he played the role of race car driver Frank Capua.

 Newman allegedly wore the watch every day for 15 years
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Newman allegedly wore the watch every day for 15 yearsCredit: Getty - Contributor
 The actor claimed it was the most accurate Rolex Daytona watch made
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The actor claimed it was the most accurate Rolex Daytona watch madeCredit: Rolex

Newman started a career as a race car driver in 1972, racing in a number of major events including the 24 Hours of Le Mans numerous times and continuing to do so into his 80s.

The actor-turned-driver - who died in 2008 - also managed racing teams Newman/Haas Racing and Newman Wachs Racing during his life.