MAKKUM – Since 2014, KM Yachtbuilders, specialists in constructing aluminum sailing yachts, has refitted some 30 yachts of up to 70ft. Soon, it’ll get cracking on a very special one: Il Moro di Venezia III, one of 5 German Frers-designed racers Italian industrialist Raul Gardini funded to compete in IACC World Championship and America’s Cup racing in the 1990s.

Bearing sail number ITA-15, the yacht won the 1991 IACC World Championship. In 1992, she trialed for the AC-qualifying Louis Vuitton Cup, but soon her star faded – a common fate for AC yachts. She ended up at the Sail Academy in Genoa, then at another Italian team, then at America’s Cup Management which used the yacht as a VIP and PR boat and then become a ward of the Ravenna port authority.

KM Yachtbuilders says a “new Italian owner has taken an interest in the Ill Moro yachts and will have the number III refitted at our yard. Unfortunately, there is not much left of the original regatta characteristics as the yacht had been converted to a cruiser.”

The refit will be done in close collaboration With the German Frers office and the owner’s representative, Says KM Yachtbuilders.