Rolex unveiled a new steel version of its Daytona model, ahead of its debut at Basel World 2016.

The timepiece’s highlight comes in the form of a prominent black Cerachrom bezel, which is corrosion-resistant and impervious to UV rays. Available with either a black or white dial, the Daytona’s usual 40mm case remains intact.

An official release date is unknown, but the new Rolex Daytona will retail for around $12,000 USD.