Wally has created a breakthrough yachting concept with the launch of a completely new idea. The Wally//Otto is the only One Design Maxi racing fleet.

Otto has been designed to sail with a limited crew and limited sail inventory to minimize campaign costs and maximize enjoyment.

The Otto also features a unique aft ’guest experience’ area where guests can enjoy the racing in comfort and safety, removed from the operations of the racing crew.

A renowned yacht designer has unveiled a new concept yacht based on the luxury vehicles of supercar maker Aston Martin.

The Aston Martin Voyage boat was inspired by Aston Martin vehicles such as the Vantage, Rapide, DBS and Virage and was unveiled last week.

De Basto, a Miami-based custom yacht designer, put together the concept as a way to test whether the car brand’s signature design could be transposed onto water.

The new Horizon RP110 superyacht Lady Gaga, which is the first motor yacht above 100 feet built for the Chinese market, was launched by Horizon Yachts.

The Lady Gaga motor yacht by Horizon has just successfully completed her sea trial, with delivery to her owner in China set for later this month.

Horizon created a unique exterior design for yacht Lady Gaga, one that is a radical departure from previous launches of RP series and includes both a vertical window line and wide body to allow for increased interior space.

The 55 metre superyacht Quinta Essentia, the largest vessel ever launched by the Netherlands’ Heesen Yachts, has been listed for sale for $100 million.

With sleek exterior lines by Frank Laupman of Omega Architects, the yacht’s most striking feature is a grand swimming pool on the aft deck complete with a waterfall.

The yacht has a very modern interior by Ken Freivokh Design and Michela Reverberi with metallic silver accents.

More renowned for its prowess with wheeled vehicles, Toyota Motor Corp. is increasing its seaborne fleet with the launch of a new leisure boat, the Ponam-35.

But the 11.95-meter cruiser is still related to the car manufacturer’s mainstream products as its two V8-cylinder engines are adapted versions of the 4.5-liter V8 diesel engine that can be found in the Toyota Land Cruiser.

And while elsewhere it might be considered unusual for a car firm to dabble in pleasure boats, several of Japan’s other major auto firms also have boat divisions.

Pearl Motor Yachts, one of the UK’s leading luxury yacht builders, has announced a special collaboration with British interior designer Kelly Hoppen MBE.

Kellyis has been brought on board to design the luxury interior of the flagship Pearl 75, which will be launched in early 2012.

Kelly creates stunning interior designs for luxury homes, yachts and private jets for an ever-expanding international high-profile client base.