This basic research deals with the microstructure evolution of a W-doped ZrB 2 ceramic, as-sintered and upon oxidation at 1650°C. Transmission electron microscopy enabled to disclose microstructural features occurred during oxidation never observed before. In the pristine material, (Zr,W)B 2 solid solutions surround the original ZrB 2 nuclei, whereas refractory W-compounds at triple junctions and clean grain boundaries are distinctive of this ceramic. After oxidation, the microstructure is typified by intragranular nanostructures, in which nanosized W inclusions remained trapped within ZrO 2 grains, or decorate their surfaces. The understanding of the oxidation reactions occurring in the system as a function of the oxygen partial pressure was fundamental to conclude that W-based compounds do not notably suppress or retard the oxidation of ZrB 2 ceramics. K E Y W O R D S ceramic, inclusions, oxidation, SEM, TEM