PALM BEACH PHILOSOPHY
Palm Beach Motor Yachts' success is driven by its proprietary V‑WARP Technology®, a revolutionary design and construction process derived from Mark Richards' experience as an ocean-racing champion and shipwright. This technology incorporates a warped, semi-displacement hull form and extensive use of carbon fiber, setting a new industry standard for power-to-weight ratio. This results in class-leading speed and performance, as well as unrivaled fuel economy in these luxury motor yachts. In 2014, Palm Beach Motor Yachts was acquired by Grand Bank Yachts Limited (GBY:SP), a publicly traded company on the Singapore Stock Exchange. Today, Mark Richards serves as the CEO, chief designer, and a major shareholder.
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