Maltese Falcon Superyacht Gets a $40 Million Price Cut

Back in May The Classicist reported that the amazing 289-ft. Maltese Falcon, the world's largest, best designed, and most expensive sailing yacht, was for sale via global online luxury marketplace JamesList at €99 million or about $138 million. Now the price has been lowered to €70 million, a drop of about $40 million for a new price of about $99 million. Built by Perini Navi for venture capitalist Tom Perkins in 2006, it remains the ne plus ultra of sailing superyachts, a masterpiece of technology and design, and was recently featured on the cover of Luxury Toys: Top of the World. Her revolutionary sailing system - the DynaRig - set a new milestone in yachting history: three self-standing and rotating masts hosting 15 sails for a total sail area of 25,791 square feet for unrivaled, performance maneuverability and record-shattering speed; she can complete Atlantic crossings in ten days.