Abstract
The 8-parameter elliptic Sakai difference Painlev\'e equation admits a Lax formulation. We show that a suitable specialization of the Lax equation gives rise to the time-independent Schr\"odinger equation for the $BC_1$ 8-parameter 'relativistic' Calogero-Moser Hamiltonian due to van Diejen. This amounts to a generalization of previous results concerning the Painlev\'e-Calogero correspondence to the highest level in the two hierarchies.
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