The Rolex 116500LN-0002 features a 40mm stainless steel case paired with a stainless steel Oyster bracelet. It has a fixed black Cerachrom bezel with tachymeter scale markings. The black dial is equipped with luminescent silver-tone hands and hour markers, along with minute markers around the outer edge. The dial is analog and includes three sub-dials for 60 seconds, 30 minutes, and 12 hours. Powered by the Rolex Calibre 4130 automatic movement—derived from the Rolex 4030—it contains 44 jewels, beats at 28,800 vibrations per hour, and offers an approximate 72-hour power reserve. The watch is fitted with a scratch-resistant sapphire crystal, a screw-down crown, and a solid case back, all within a round case design. The 40mm case is water-resistant up to 100 meters (330 feet). The timepiece features a fold-over clasp with a safety release, and its functions include chronograph, hour, minute, second, and chronometer. It belongs to the Cosmograph Daytona series and embodies a luxurious style, with a Swiss-made label.