73-metre (239-foot) superyacht The One – the iconic vessel designed by industry legend Jon Bannenberg in the 1970s – has been sold for £1.1 million ahead of a total rebuild in Turkey.
In 2016, The One, alongside M/Y Barbie, was gutted in a catastrophic fire at Marmaris Marina in Turkey. Although severely damaged, she has not been irreparable and while major changes are almost certainly planned the rebuild process will build on the salvageable elements rather than start from scratch.
The Lürssen motor yacht was originally named Carinthia VI and formed an integral part of the fleet owned by Austrian retain moguls Helmut and Heidi Horten. This yacht was actually based on an earlier version named Carinthia V which sank on her maiden voyage after hitting an unchartered rock in the Mediterranean.
Instead of raising and repairing, the decision was made to replicate her with additional protective measures. Lürssen completed the work and she was enjoyed for many years before being sold to Italian real estate developer Francesco Bellavista Caltagirone in 1993 and being rechristened The One.
The yacht is seen as a pivotal project in Lürssen’s history, as before Carinthia VI the Bremen-based shipyard was best known for naval vessels and warships. Indeed, the company’s illustrious history bled into the superyacht’s style, giving her the distinctive battleship-style look still recognisable today.
Originally The One provided accommodation for up to 12 guests across five suites and could reach a top speed of 28 knots.
Altinel Yachts Worldwide Yacht Brokerage has brokered the in-house sale of The One. Her rebuild is expected to be completed by summer 2020, with details to be revealed in due course.