How much does a super maxi yacht cost?
These are the 100-foot monsters that chew money like a shredding machine. It costs $100,000, for example, just to replace a mainsail. A super maxi such as the Oatley family’s Wild Oats XI costs about $1 million a year simply to own, and that doesn’t count the cost of campaigning and crewing it.
What is a super maxi?
supermaxi (plural supermaxis) A type of very large sailing yacht, typically used for racing, having a waterline length greater than 90 feet.
What makes a yacht a maxi?
A yacht with a rating of 12 metres (40 ft) was generally about 14 to 16 metres (47 to 52 ft) in length overall. The IOR had upper and lower rating limits of 4.9 metres (16 ft) and 21 metres (70 ft), so a yacht designed and built to exceed the maximum limit of 21 metres (70 ft) rating was known as a maxi.
How much does it cost to maintain a 100 foot yacht?
How much does a 100-foot yacht cost per year? You should expect to pay about 20% or more of the original price of your boat to run it annually. So, for a $10 million yacht, the cost to operate will be about $2 million per year, including fuel, insurance, dock fees, maintenance and repairs, crew, etc.