That's not even the "good" Alpha homage. There is one with proper subdials and a functional chronograph
It's the original one from about 10 years ago. At the time they had the Daytona homage with the ST-19, but the Speedmaster Homage was one of the day/date automatic movements. There was a lot of clamoring for a handwind "Alpha Speedy" with the ST-19 but that didn't come to fruition for years. At the time I liked homage watches - these days, not so much.