flavio briatore yacht secreto

Flavio Briatore’s Force Blue superyacht ends up at auction

Seized in 2010 for tax evasion, Briatore’s Force Blue superyacht will be auctioned in late January

, between the search for a new owner and the announcement of a final verdict that has been awaited for over a decade.

Actually, the legal issues related to Flavio Briatore ‘s superyacht , seized in 2010 off the coast of La Spezia, seemed to be resolved with the limitation on appeal. The boat, however, has remained in the care of the judicial guardian and will be put up for sale on January 27th , before the Supreme Court expresses itself in this regard: the hearing is set for February 12th.

The reasons why the Force Blue will be auctioned (the auction is authorized by the Appeal Court of Genoa) would be represented by the potential loss of the superyacht overall value and the management of maintenance costs, deemed too high by the keeper. A difficulty that would have worsened last year due to the lockdown, which inevitably interrupted the charter activities, however authorized on board the Force Blue since May 2010, when the Italian Financial Police seized the boat in the waters of La Spezia.

Flavio Briatore’s Force Blue superyacht ends up at auction: confiscation, restitution or compensation?

The boat, built by Royal Denship in 2002, is 62 meters long, has three decks and weighs 1,325 tons . It is owned by Briatore’s Autumn Sailing society and is one among the 100 largest superyachts in the world, as well as one among the most famous boats belonging to VIPs.

What is striking is the fact that the sale will take place two weeks before the final decision by the Supreme Court, which could return the pleasure boat to the Italian businessman or confirm the seizure. if the boat has already passed into the hands of the new owner, Briatore would only be entitled to a cash compensation . We’ll see. What is certain is that the long journey of the Force Blue is now coming to an end.

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FORCE BLUE Yacht – Remarkable $20M Superyacht

FORCE BLUE yacht is Bernie Eccelstone’s $20 Million superyacht. The striking yacht was delivered in 2002 from the Danish shipyard, Royal Denship, and features interior design from Rune Design, Laura Sessa Romboli, and Celeste Dell`Anna.

The sticking exterior of the yacht was developed by Tom Fexas Yacht Design and Ole Steen Knudsen.

The vessel is perfectly designed for entertainment on the water, with plenty of family-friendly spaces for a true superyacht lifestyle experience.

FORCE BLUE yacht interior

The interior of the FORCE BLUE yacht features magnificent designs from Rune Design, Laura Sessa Romboli , and Celeste Dell`Anna .

The vessel has accommodation for 12 guests in 6 cabins one VIP cabin, three double cabins, and one twin cabin.

There are crew accommodations for 17 crew members. The superyacht is packed with luxury features, from a well-appointed library that offers a relaxing spot, the movie theatre to wind down after a long day, or the dance floor where guests can dance the night away.

The extravagance continues in a full spa with a sauna and a dip in the jacuzzi. The spa includes a hammam, mud bath, and sauna pool.

There is also a gym for guests to catch a workout. The FORCE BLUE is packed with water toys for fun on the water.

These toys include a collection of towable toys, diving equipment, a sea bob, paddleboards, and much more. The FORCE BLUE yacht is also wheelchair friendly.

She features extensive exterior spaces for the perfect event charter and has a light and refreshing interior that guests can enjoy.

FORCE BLUE is the perfect yacht to hold events on as the aft bridge deck has a full bar and reception area for 60 guests.

FORCE BLUE yacht exterior

The exterior of the FORCE BLUE yacht was designed by Tom Fexas Yacht Design and Ole Steen Knudsen .

She features a royal blue steel hull in a white aluminum superstructure. Her hull is a full displacement hull, making her more stable while at anchor.

She was first built in 2002 by the Danish shipyard, Royal Denship. She later went through a refit at the beginning of 2022.

She was built as a part of Royal Densip’s expedition series, which include the yachts, TURMOIL, and BIG ARON. The shape of the yacht is a trawler expedition-style for adventure purposes.

FORCE BLUE yacht specifications

The FORCE BLUE yacht has a length of 63.3m, a beam of 11.38m, and a draft of 2.95m. She has a displacement of 1325 gross tons and is fitted with twin Caterpillar engines .

She comfortably cruises at 14 knots and reaches a maximum speed of 18 knots.

She has a range of up to 8000 nautical miles. She features an onboard stabilization system that ensures comfort for guests while at sea.

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Briatore back in the dock again

Flavio briatore is back in court again, facing tax evasion charges relating to a sum of €3.6 million that prosecutors claim was the result of 'false registration'. this case highlights the grey area that increasingly exists for commercial yachts that are used by their ubos.….

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Flavio Briatore exports his Billionaire events to Saint Moritz

Following on from the success of its cabaret evenings in Sardinia, Dubai and Monaco, Billionaire continues to expand 

Via Majestas , his luxury hotel, catering and events group, the Monegasque resident has signed a partnership agreement with the Grand Hotel des Bains Kempinski 5* in Saint-Moritz, which will host the extraordinary dinner show.

Billionaire is due to open in in December 2024, and work on the venue is already underway. As stated in a press release, the new destination “is part of Majestas’ international growth and development plan, moving into venues that are popular with the international jet set to offer guests a unique experience that combines luxury dining with top-quality entertainment.”

The concept is already up and running in Dubai throughout the year, as well as in Porto Cervo and Monaco in the summer, at the legendary Sporting Monte-Carlo. For Flavio Briatore and his staff, being able to perform at the Grand Hotel des Bains Kempinski – which is part of Kempinski Hotels, the oldest group of luxury hotels in Europe and present in 36 countries around the world – attests to the growing appeal of the Majestas brand.

A call for applications

In a social media post, the entrepreneur speaks on camera and in Italian to young talents who are keen to be part of the Billionaire adventure. Applications should be sent to: [email protected]

This video about the auditions was posted a few days ago on Linkedin:

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Ex-Formula 1 manager Briatore cleared of tax fraud in Italy

‘nightmare’ legal battle cost him 203-inches yacht, 6 trials.

Former Formula One manager Flavio Briatore has emerged innocent from a “nightmare” legal battle in Italy that cost him a luxury yacht and six trials over a 12-year period.

Briatore, 71, is a flamboyant character with a playboy image who now runs nightclubs, luxury resorts and restaurants. He was accused of fraudulently using a shell company in the British Virgin Islands to minimize the tax bill on a 62-meter (203-feet) yacht.

In May 2010, tax police vessels seized the yacht while Briatore was cruising on it with his family off La Spezia, northwestern Italy. But nearly 12 years later, Italy’s highest appeal court, the Cassation, issued Wednesday a final non-guilty ruling for the businessperson.

Italy’s legal system is notoriously slow and unpredictable, and often cited as one of the country’s main problems.

In a Thursday interview with Il Messaggero newspaper, Briatore said the legal ordeal turned his life into a “nightmare,” with banks no longer giving him loans for his business activities. “This story has been a persecution,” he protested.

The Cassation also ordered the return of the confiscated yacht, but the twist is that its legal administrator recently sold it, even if Britatore’s lawyers had asked him to wait until the final verdict.

The yacht was snapped up at a judicial auction by Bernie Ecclestone, a friend of Briatore and former Formula One boss, at a discount price of €7 million (about $7.8 million), a third of its estimated value.

Massimo Pellicciotta, one of Briatore’s lawyers, said his client had “the right to adequate compensation.”

Briatore, speaking to another daily, Corriere della Sera, said what mattered to him was that judges had finally “established that I am innocent,” and added, “it will be up to lawyers to see what can be done to recover what is owed to me.”

The businessman, who lives in Monte Carlo, was involved in Formula One in the 1990s and 2000s, winning world championship titles with the Benetton and Renault F1 teams under drivers Michael Schumacher and Fernando Alonso.

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Former Formula 1 patron Bernie Ecclestone bought Flavio Briatore’s yacht

The story involved two of the most famous names in Formula 1 .

Bernie Ecclestone, for decades at the head of the direction of this sport, seems to have recently bought the Force Blue mega yacht at the auction, previously owned by the famous businessman and former Formula 1 team manager Flavio Briatore.

The background

The story originated in May 2010 when the Italian finance police seized the yacht, owned by Briatore since 2002, while it was in the waters of the Italian city of La Spezia. Onboard, in addition to the crew, were also the showgirl Elisabetta Gregoraci, today the entrepreneur’s ex-wife, and her son Nathan Falco.

The accusation made by the investigators was clear right away. The entrepreneur was accused of having simulated a commercial activity of chartering his luxurious boat in the period 2006 – 2010. This would have allowed him to use the Force Blue, formally owned by the company Autumn Sailing Limited, for recreational use in Italian territorial waters, avoiding him to pay the due import VAT, equal to approximately 3.5 million euros.

Furthermore, again according to the prosecution, the yacht’s fuel was indicated as exempt from excise duties while it had to be burdened by ordinary taxes.

The first instance trial against Flavio Briatore ended in 2015, with a suspended sentence of 1 year and 11 months in prison for tax crimes related to the charter of the Force Blue yacht.

After various judicial vicissitudes that saw Briatore first convicted and then partially acquitted by misdemeanor prescription, the current situation sees a new trial that has reached the last level of judgment.

Why the auction of the yacht?

It was auctioned on January 27, 2021, at one-third of the market value. This is the fate to which the judges of the court of Genoa condemned the yacht Force Blue. The Flavio Briatore luxurious floating villa was seized in 2010 for the alleged evasion of 3.6 million VAT on imports.

The yacht was awarded to the highest bidder on an auction basis of 7 million euros, which is less than half of the 20 million estimated value at the time of the seizure. On the evaluation weighted the serious degradation conditions in which the Force Blue finds itself after a decade of forced inactivity, interrupted only occasionally for rental in the summer season.

This last solution was necessary to contain management costs which, however, did not avoid the accumulation of debts by the State, which therefore opted to sell the yacht at the preventive auction without waiting for the end of the Briatore’s process.

The latter had tried to block, through his lawyers, the sale by presenting four instances which, however, were vain.

What kind of boat are we talking about?

Force Blue is a superyacht over 63 meters long, almost 12 meters wide, and with a gross tonnage of over 1,325 tons. It was built and launched in 2002 by the Royal Denship, a Danish construction house that is no longer in business.

It is propelled by two 2000 horsepower engines and reaches a top speed of 17 knots. The cruising one stops at 14.

Comfort is ensured by the presence of an onboard crew that can reach up to 17 people.

Ecclestone’s entry onto the scene.

It was enough for the British tycoon to offer € 490,000 more than the seven million auction base to get the boat.

To contend for the boat through an offer were in 4.

In addition to the 90-year-old Bernard Ecclestone, the other competitors were all companies: Lethora Holdings Ltd based in the Virgin Islands , Sulfur Ltd based in the Bahamas , and Locamar Sa based in Luxembourg.

All offers in a sealed envelope were delivered to the notary Ugo Bechini who opened each one on the morning of January 27th, at the Hotel Bristol, a very central Genoese hotel.

Future developments

Is it all finally over? Absolutely not! In fact, as we said earlier, the process that sees the ownership of Force Blue as a dispute is not concluded.

Paradoxically, with a reversal of the sentence, Flavio Briatore could still return to being his legitimate owner, canceling the auction with which Ecclestone won the yacht.

We just have to wait until the next 9 of June to know the final sentence.

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Flavio Briatore appeals tax fraud conviction over use of yacht Force Blue

Flavio Briatore, the Italian tycoon and former boss of the Benetton and Renault F1 racing teams, is appealing a recent sentence to 23 months in prison for tax evasion.

The sentence, which was handed down by the Italian courts, relates to the entrepreneur’s use of superyacht Force Blue , bought by Briatore for just under £70m in 2009 from Roy Speer, the American founder of Home Shopping Network.

The Italian Financial Police boarded and sequestrated Force Blue back in 2010 just over five years ago in May 2010 in La Spezia, near Genoa on the Italian Riviera. The reason for the action and subsequent charge was the accusation that Briatore had not paid the appropriate amount of taxes on the fuel used by the yacht.

The action eventually resulted in a court case and Briatore’s conviction for tax evasion of €3.5 million. Briatore denied the charges and his lawyers have launched an immediate appeal against his sentence.

He disputed the authority’s charge that Force Blue was entirely for his personal use and that of his friends and family. The prosecution in turn pointed out that the yacht was registered to a charter company in a tax haven and that the company enjoyed a number of tax breaks that would not have been eligible for a single owner and personal use. They also pointed out that everything on the boat from the bed linen to the crockery had the initials FB on them. The defence pointed out that these were the initials of the yacht and that it is known that all big charter boats contents and furnishings bear the logo or initials of a boat.

In a high profile career, Briatore has often courted controversy and his personal life has occasionally played out in the glare of publicity. He was banned for life – later successfully overturned on appeal – by the F1 authorities following accusations that he had deliberately orchestrated a crash at the 2008 Singapore grand prix.

The appeal continues.

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Luxury rules at the moscow yacht show.

by Maria Sapozhnikova

The windy Russian autumn weather might be a little bit tricky for sailing, but it doesn’t stop brave yachtsmen from all over the world from flocking to Russian capital in the beginning of September when the Moscow Yacht Show commences. The main Russian Yacht exhibition gathers professional and amateur yacht lovers together under the wing of The Royal Yacht Club.

This year it took place for a fourth time already. The exhibition is considered the principal event on the sporting and social calendar. The Moscow Yacht Show 2010 united in one area three of the largest Russian yachts distributors: Ultramarine, Nordmarine and Premium Yachts.

A wide range of yachts were on display for a week. An exhibition showcased yachts both from Russian manufacturers and world famous brands: Azimut, Princess, Ferretti, Pershing, Riviera, Doral, Linssen, etc.

It was a real feast for seafarers as visitors of the show had a unique chance not only to take a look at the newest superyachts before they hit the market, but also to evaluate their driving advantages during the test drive. The show provided an excellent opportunity for yacht enthusiasts to choose and buy a new boat for the next season.

The event started with the grandiose gala evening. It included grand dinner, the concert and professional awards ceremony for achievements in Russian yachting industry. The guests also enjoyed the annual regatta.

Special guest Paolo Vitelli, Azimut Benetti Group president, opened the evening.

Next year organizers assured guests they would bring more yachts, the scale of which will even make oligarch Roman Abramovich envious. Sounds very promising indeed.

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Ferretti Group announces its presence at Moscow Boat Show 2013

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Written by Zuzana Bednarova

The Ferretti Group, one of the world top companies specializing in the design, building and sale of motor yachts, with an amazing portfolio of eight of the most exclusive and prominent brands, is thrilled to announce its participation in the Moscow Boat Show 2013. From 12 to 17 March, two of the Group fleet’s most successful yachts will be presented as absolute premieres for the Russian market: motor yacht Ferretti 530, representing Ferretti Yachts , and the 27-foot Iseo superyacht tender by Riva .

Ferretti 530 Yacht to make her Russian premiere at Moscow Boat Show

This year’s Moscow Boat Show will also offer the Ferretti Group the opportunity to announce all yachting enthusiasts in Russia and Northern Eurasia a new important achievement in its international growth: the renewal of its exclusive dealership agreement for the Russian Federation with its partner Premium Yachts , one of the leading dealers operating in the boating sector in Russia , which will represent the Ferretti Yachts , Pershing , Itama , Bertram , Riva e Mochi Craft and Ferretti Custom Line brands.

The agreement – which was officially announced today during a press conference attended, among others, by Ferruccio Rossi (Ferretti Group’s CEO), Alexey Kurochkin (Premium Yachts’s President), and Stefano Campanelli (Sales Manager for the EMEA area for Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft and Ferretti Custom Line) – is part of Ferretti Group’s strategy for a further expansion on the European markets offering the best short/medium-term growth perspectives, also thanks to the financial soundness regained following the strategic partnership forged with the Weichai Group.

More specifically, the Russian boating market holds a great potential for the Ferretti Group’s development because of the rapid growth of average wealth among the population and an increasing interest for Made in Italy luxury goods, like Ferretti Group yachts.

Through the renewal of the agreement with Premium Yachts, the Group will further strengthen its highly selected distribution network – which currently includes approximately 60 dealers ensuring the best possible customer care in more than 80 countries worldwide – as well as its presence in the traditional EMEA ( Europe , Middle East , Africa ) area, one of the three macro-regions (besides the America and the Asia-Pacific) into which the Group’s sales structure is divided.

Moreover, in a medium/long-term perspective, the Ferretti Group is expecting an increasing interest on the Russian market not only for flying bridge yachts above 70’ in length, but also towards smaller crafts, both flybridge and open/coupé ones, which are particularly suitable for river cruising or pleasure boating in Russia’s large lakes. Consequently, the renewal of the dealership agreement with Premium Yachts also allows to look ahead at the future aiming to conquer new market segments where less competitors are currently present in terms of both products and geographic location.

The press conference, which was held today at the Lotte Hotel in Moscow, had also the objective of introducing attending journalists and yachting enthusiasts to the main new products launched by the Ferretti Group over the last few months, namely: motor yacht Ferretti 870 , Ferretti 690 yacht , and the project of the new flagship Ferretti 960 superyacht for the Ferretti Yachts brand; luxury yacht Pershing 82 ’ and superyacht Pershing 108’ New Edition for Pershing; Riva 63’ Virtus and the project of the new Riva flagship, 122’ Mythos yacht , as well as the entire range of the Itama, Bertram and Mochi Craft brands.

The yachts launched over the last few months by CRN – the Group’s brand specialising in the construction of steel and aluminium yachts between 40 and 90 metres – were also presented during the conference: the two superyachts: CRN superyacht Jade (60 metres long) and CRN mega yacht Chopi Chopi (80 metres long), the latter being one of the largest pleasure vessels ever built in Italy and the largest one ever built by the Ancona-based shipyard.

“The renewal of our dealership agreement with an important partner like Premium Yachts – which has worked on the Russian market for almost 10 years and can boast an outstanding product knowledge and an excellent local market penetration – and the presentation of the Group’s latest models are an integral part of our development strategy on the EMEA markets offering the best growth perspectives in the short-medium term,” stated Ferruccio Rossi, Ferretti Group’s CEO. “The Moscow Boat Show 2013, which has now reached its sixth edition, will extend over approximately 45,000 square metres this year and will be attended by more than 350 international boating companies. This Show represents an interesting business opportunity for us and an unmissable event in terms of visibility, since we are identifying a considerable growth potential in this area thanks to the timeless attractiveness of our products – true ambassadors of Made in Italy production all over the world”.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Ferretti Group announces its presence at Moscow Boat Show 2013".

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