Porsche Design has teamed up with high-end builder Fearless to create a new line of super sexy yachts. The first yacht released in 2007 was the Porsche Design Fearless 28 Yacht ($300,000).

The power enables the boat to maintain a noteworthy speed bestow of 46-knots within a range of about 344 miles.

Porsche Design Group on Wednesday announced the signing of a design and marketing agreement with Singapore-based yacht builder, Royal Falcon Fleet.

Under this agreement Porsche Design will design luxury catamarans and mega-yachts for Royal Falcon Fleet on an exclusive basis in addition to developing a marketing concept for the yachts.

The first project is what you see in the photo above, a motor catamaran that is over 40 meters (135 feet) long. Porsche Design will design both the hull exterior and interior of the catamaran.