New boatbuilder teams with Mercedes-Benz

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Mercedes-Benz Style and the newly formed Silver Arrows Marine are joining forces on a yacht project.

Silver Arrows Marine is a U.K.-registered company that will compete in the luxury motoryacht segment, taking a cue from the Mercedes-Benz Silver Arrows cars that dominated motor racing in the 1930s, according to a statement.

The 46-foot "Silver Arrow of the water" will feature innovations in functionality and layout never seen in luxury motoryachts. In addition to Mercedes-Benz Style designers, Silver Arrows Marine includes leading figures in naval architecture and marine engineering, such as Martin Francis, whose innovations include the hull design of the superyacht "A," and Tommaso Spadolini, who has 200 yachts to his name.

“By bringing together the best people and the best ideas, we are creating a high-performance motoryacht worthy of the illustrious Silver Arrows name,” said Ron Gibbs, chairman and one of the project’s backers.

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