Carlos Sainz has thanked police for their ‘quick intervention’ after being robbed over the weekend.
The incident happened outside of a hotel in Milan where he was staying after the Italian Grand Prix in Monza.
The Ferrari driver had his watch – a Richard Mille which is understood to be worth £235,000 – taken by three people as he left the Armani Hotel on Viale Manzoni.
However, Sainz and his team were later able to recover the timepiece as the Spaniard and several other onlookers gave chase to the robbers.
The incident happened just hours after the 29-year-old – who entered the race in pole position – secured a podium finish in Monza, finishing third behind Red Bull duo Max Verstappen and Sergio Perez.
Taking to social media, Sainz said: “As many of you already know, yesterday we experienced an unfortunate incident in Milano.
“The most important thing is that we are all OK and this will only remain as an unpleasant anecdote.
“Many thanks to all the people who helped us yesterday, to the Milan police for their quick intervention and thanks for all your messages.”
Footage of the aftermath of the incident shows police arresting a suspect with Sainz and his people in the vicinity.