Ducati in collaboration to Cigarette Racing Team has unveiled at the Miami International Boat Show the new Cigarette Racing 42X Ducati Edition.

The new boat is powered by two 1,100hp Mercury Racing engines that will sprint it to a top speed of 120 mph.

The 42X is painted in white with a Ducati Red racing stripe, while the interior features red accents and a specially designed stereo from JL Audio.

Italian design house Gucci said it will introduce made-to-order speedboats next year, with prices starting from 590,000 euros ($750,000).

The vessels will be produced in partnership with yacht-builder Riva to help mark Gucci’s 90th anniversary in 2011.

This unique collaboration between two of Italy’s most renowned design houses celebrates the era of La Dolce Vita, when a joie de vivre, glamour and elegance defined an attitude and a lifestyle.

Renowned French artist Xavier Veilhan has produced a brand new work of monochrome “sculpture” in collaboration with the Frauscher shipyard in Austria.

A crane gingerly lifts a 13-metre Riva into Lake Iseo after the last coat of varnish has dried on its mahogany finish.

The speedboat, an icon of “Made in Italy” luxury design, is going for a final spin before a potential buyer checks it out.

“Tradition and innovation, that’s what drives us,” said Paola Procopio at the shipyard.

Like many symbols of La Dolce Vita, Riva started as a family venture in 1842.

Australian designer Marc Newson has designed a speed boat in collaboration with Officina Italiana Design for Italian boat brand Riva.

Newson’s design for the Aquariva vessel is unique in its conception, as well as the materials chosen.

A wood-like, textile-based laminate (phenolic composite) was used for the deck area and instrument panel.

This material was developed in the first half of the 20th century, and was a precursor to fibreglass.

Speed boat makers Cigarette Racing have partnered with Mercedes tuning division AMG to release a speed boat inspired by the new Mercedes SLS AMG.

With 2,700 horsepower on tap, the knife-hulled 46-foot boat is almost five times as powerful as its road-going counterpart.

The power for the Cigarette Racing boat comes from a pair of twin-turbocharged 552 cubic inch 1,350-horsepower Mercury Racing engines.