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This Rolex Daytona reference 6263 features a black dial with white registers and is known as "Big Red" due to the large red "DAYTONA" printed above the 6 o'clock hour sub-dial. The reference 6263 is the last version of the Daytona made with a manual-winding Valjoux movement and is one of the most desirable vintage Daytona models due to its aggressive look featuring screw-down pushers to increase water resistance (and that garner the watch the "Oyster" designation on the dial indicating enhanced water resistance) and the black acrylic bezel featuring a tachymeter track for measuring speed on a fixed course.
Paul Newman actually owned a watch very similar to this that was a gift from his wife Joanne after he gave his other Daytona (a reference 6239) to his daughter Nell's then-boyfriend James Cox. That reference 6239 sold for $17.7 million while his Big Red reference 6263 is still worn and loved by his other daughter Clea.
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