Franc Vila has announced their official sponsorship of young Mexican F1 diver, Sergio Perez, and has released the Franc Vila FVa8Ch Bicentenario Sergio Perez watch to mark the new partnership. This new watch will be giving the official timepiece maker of the compatition, Hublot, some steep compition at the next F1 event. The watch is also a celebration of the 200 year anniversary of Mexican independence, this can be seen in the watches design which incorporates the colors from the Mexican flag into the design. The watch is a limited edition of just 28 pieces.

The new Franc Vila watch is powered by the automatic manually-finished movement, Caliber FV8Ch. The complicated movement functions include hours, minutes and seconds as well chronograph functions and a "big date" calendar presented in a double window below 12 o'clock. The chronograph minutes can be found at 6 o’clock, chronograph hours at 9 o’clock, and small seconds at 3 o’clock. The FVa8Ch Bicentenario Sergio Perez allows for a power-reserve of up to 42 hours.

The case is crafted from stainless steel and features the “Esprit Unique” shape with an elliptic bezel. The dial and case-back are protected with a sapphire crystal treated with a double anti-glare treatment. The dial is made from white kevlar and hs a guilloche pattern. The Franc Vila FVa8Ch Bicentenario Sergio Perez watch is completed with a black or white crocodile leather strap with red and green stitching and a steel deployant buckle. The watch has a 100-meter water-resistance.