French designer Thierry Mugler, known for his fetishistic fashions, is giving the world's fastest yacht a $5 million makeover. The 112-ft. Gentry Eagle (above), designed by racing legend Tom Gentry, earned the World's Fastest title when it broke Virgin tycoon Richard Branson's record for the speediest transatlantic crossing in 1989. In 1992 the Gentry Eagle was rebuilt as a pleasure craft, and is now being revamped once more as a collaboration between British yacht broker Weyves Yachts and Agent de Luxe, a fashion-design agency run by Donald Potard, former president of Jean Paul Gaultier.

When completed by October of next year, the yacht is expected to fetch about $10 million. "Yacht owners are using their vessels as places to entertain, and they want to express their personal style," Potard tells the Robb Report. "Crystal, chandeliers, metals ― the interior will have a distinctly 'Mugler-esque' feel." He says the designer drew inspiration from futuristic films like Barbarella and Star Trek, as those are Tom Gentry's personal favorites.