Perini Navi launched its first dedicated motor yacht line under the Perini Navi brand name (previously marketed as Picchiotti), featuring models from 33 to 60 meters, and delivered the 58-meter motor yacht Fantasy in May 2025. The new motor yacht line will be officially unveiled at the 2025 Monaco Yacht Show.
Perini Navi Motor Yacht Line — officially unveiled at the 2025 Monaco Yacht Show, September 24-27, 2025
M/Y Fantasy — delivered May 2025
58-meter Perini Navi AMANTE motor yacht — launched March 3rd, 2025
Frequently asked questions
Is Perini Navi still in business?
Yes, as a brand of The Italian Sea Group. Perini Navi was declared bankrupt in January 2021; TISG bought its assets, including the Viareggio and La Spezia yards, at auction in December 2021 and has kept the brand in operation.
What is Perini Navi known for?
Very large sailing yachts with automated sail handling. Fabio Perini's furling and control systems allowed small crews to manage big rigs, and the 88 meter Maltese Falcon, with its rotating carbon fiber masts, is the best-known example.
Who owns Perini Navi now?
The Italian Sea Group has owned Perini Navi since December 2021, when it paid 80 million euros for the bankrupt company's assets at the third auction. The brand continues under its own name within the group.
Perini Navi has built some of the world's largest sailing yachts in Viareggio, Tuscany, since 1983 and now operates as a brand of The Italian Sea Group. Founder Fabio Perini organized the company around automated sail handling that lets a small crew manage an enormous rig.
Fabio Perini and push-button sail handling
Fabio Perini founded the yard in 1983 with a specific idea: sail-handling systems automated to the point that a large sailing yacht no longer needed a large crew. The furling gear and control systems developed in-house went on to define the big ketches and sloops the yard launched over the following decades. The most famous demonstration is the Maltese Falcon, an 88 meter yacht whose three freestanding carbon fiber masts rotate and set square sails automatically.
Bankruptcy and The Italian Sea Group takeover
The Court of Lucca declared Perini Navi bankrupt in January 2021 after a debt restructuring plan fell through. Two auctions closed without a buyer. At the third, in December 2021, The Italian Sea Group paid 80 million euros for the assets: the yards in Viareggio and La Spezia, an unfinished newbuild, a building complex in Pisa and the brand's intellectual property. TISG kept the name in use, and Perini Navi continues as the group's sailing yacht brand. The added yard capacity supports refit work and new projects of up to about 130 meters.
Perini Navi yachts on the charter and brokerage market
The existing fleet keeps the brand active on the water. Perini Navi sailing yachts work the crewed charter circuit and change hands through brokerage, and GetBoat carries both charter and sale listings for the marque. TISG has said the acquisition doubles its refit intake, a relevant point for owners of earlier Perini builds.
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