In June, TAG Heuer announced a refreshed version of their entry-level Carrera Calibre 16 Chronograph collection with all-new aesthetics and full ceramic bezels (as opposed to ceramic inserts on steel bezels).

It’s unclear if the bezel was designed to cut cost, increase performance, improve aesthetics, or all of the above. The 41 mm diameter stainless steel case falls below the 43  mm and 45 mm Carreras but unlike some of the larger, albeit pricier models, there is no in-house movement.

Within this Carrera subset, the Heuer 02 in-house movement is not something you would expect but with the more accessible Heuer 01 mechanical chronograph movement making it into this price range of Carrer in the past, it would have been a nice way to build value for the end customer, especially considering what’s available in the same price point from other Swiss watch brands. Instead, the movement is outsourced completely which is a bit disappointing, considering the price, and that TAG Heuer does have compatible manufacture movements readily available, at scale.

That said, the dial design, in sunray black or blue, with applied indices, and an overall revamped look and full ceramic bezel – with either a perforated leather strap or stainless steel bracelet – is much more modern than past Calibre 16 Carreras. Despite the relatively conservative case diameter of 41 mm, the watch case is over 16 mm thick, which will sit tall on the wrist. Nevertheless, the design will likely appeal to those that want a watch with wrist presence without being humongous.

A stamped caseback with the collection name and a tire-track pattern protects the back and a large crown with a black lacquer center winds the watch and controls the hours, minutes, seconds, and date. Pump-pushers operate the watch’s chronograph functions. Water-resistance is 100 meters.

Retail is $4,300 on a leather strap and $4,450 on a stainless steel bracelet. Learn more at TAG Heuer.