A History of Ferretti Yachts

Ferretti yachts are the Ferraris of the yachting worldFrom Ferretti yachts rocketing success they then
and to buy could set you back a lot of money. Heredeveloped their own engineering division. This new
is a brief history of the success of Ferretti Yachts.centre was all about advance research into material
Ferretti yachts are a yacht building company whichand new ideas for the production of the yachts. Of
are based in Italy. The company was founded in 1968course this leads to the developments of some fine
by the Ferretti brothers Alessandro and Norbertomotor yachts, and also a new technology called an
Ferretti. Ferretti yachts was originally set up as aAnti Rolling Gyro (ARG) system which will give a
yacht brokers who sold other company boats, butyacht a more powerful and smoother ride through
after two years of service the decision was made torough waters.
start building their own boats. In 1971 FerrettiFrom Ferrettis research into better materials and
produced its first boat; this was a motor sailor whichproduction for their yachts they began entering
was released at the Genoa Boat Show to becomewithin races which led to victory in 1994, 1995 and
Ferrettis first great success.1997. Although this was great for the Ferretti name it
From this Norberto Ferretti starts to take control ofalso gave them the opportunities to try out their
the design and production of their yachts whilenew equipment within these races and also make
Alessandro Ferretti takes care of the commercialcritical improvements to their almost perfect yachts.
side. In 1982 the Ferrettis present their first engineIn the early 90s Ferretti became one of the leading
only yacht, and decide to reduce the production ofcompanies in he production of flybridge yachts of up
yachts with motor sails. This is the decision thatto 25 metres. In the 90s Ferretti went under a huge
helped them create great success, and the Ferrettiexpansion which increased their sales abroad.
name began to create a great reputation throughoutAfter the sudden death of Alessandro Ferretti, and
Europe and Italy for a high quality product. They thenwith Norberto Ferretti becoming older a 70% share if
gained a new shipyard in Forli in Italy which in its firstthe Ferretti group was sold to a private equity firm.
season produced over a 100 boats.