Ferretti Group auctions yacht for Italian earthquake victims - Trade Only Today

Ferretti Group auctions yacht for Italian earthquake victims

The Ferretti Group auctioned an Aquariva Super to help people affected by an earthquake in central Italy.
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Ferretti Group CEO Alberto Galassi is shown with a model of the Aquariva Super that the group auctioned to raise money to support earthquake relief efforts in Italy.

Ferretti Group CEO Alberto Galassi is shown with a model of the Aquariva Super that the group auctioned to raise money to support earthquake relief efforts in Italy.

The Ferretti Group auctioned an Aquariva Super to help people affected by an earthquake in central Italy.

The charity auction was announced by Sir Elton John, who chose the exclusive “Blue Wonderful” color of the Aquariva, and Ferretti Group CEO Alberto Galassi during the Ferretti Group’s private preview in September in Monte Carlo.

"The center [of] Italy was hit by a terrible earthquake that caused devastation to local communities that are in serious trouble now,” Elton John said in a statement. “As a friend of Ferretti Group and Riva owner, I am happy to support the group's commitment in helping the populations of those regions acting [in] solidarity.”

“Ferretti Group decided to create and auction a special edition of the Aquariva Super called 'Blue Wonderful,' to which I give my personal contribution,” the singer said. “Our hearts go out to those who are still suffering, and we are confident that the auction proceeds will contribute to comfort and help to those who need it most."

The charity auction ended Tuesday at the Yacht Club de Monaco during the Christmas cocktail organized by Monaco Boat Service, the exclusive Riva dealer for the principality of Monaco and France.

The Aquariva Super "Blue Wonderful,” the only one with the color and interior elements selected with the contribution of the British pop star and Officina Italiana Design — the studio that exclusively creates the design of the brand Riva — went to an owner who asked to remain anonymous.

The final and winning bid was 430,000 euros, plus tax (about $457,808.10 by today’s exchange). The proceeds will be donated to the Italian Civil Protection for immediate interventions to support the communities of central Italy that were hit by the earthquake.

"As a symbol of Italian excellence in the yachting industry, we immediately felt the need to give our support to the areas hit hardest by the earthquake,” Galassi said. "We decided to donate one of our most beautiful and iconic boats, the Aquariva Super, made even more exceptional by the creative genius of our friend and Riva owner Sir Elton John, who personally selected this version of ‘Blue Wonderful,’ making this a unique and unrepeatable unit.”

“The proceeds of this initiative will entirely go to the Italian Civil Protection to support immediate relief projects and support reconstruction of one of the most beautiful areas of the country, the richest in culture, history and traditions,” he said.

“We chose the Aquariva Super because it is a symbol of Italy's extraordinary manufacturing expertise and unique capabilities that characterize the Riva brand and all of Ferretti Group. The yacht will have a special commemorative plaque to remember that this Aquariva ‘Blue Wonderful’ was donated by Ferretti Group to its country.”

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