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It’s the perfect hour for a leisurely cruise: late afternoon on a sunny Friday at a ritzy yacht club in Sarasota, Fla. But for the five men entering the marina, the next few minutes will be an adrenaline rush. Two of them approach the dock on foot carrying a tool bag, pretending to be mechanics. Three partners advance by sea in a 22-foot towboat. Their target: a 46-foot sport-fishing yacht worth $300,000. “She’s a beauty,” says Rudy Lamel, who’s leading this team of “recovery agents” who’ve spent weeks searching for this vessel.

The boat’s owners have fallen behind on their payments, so the lender has called National Liquidators…  More info



B1-FastBoat1-1010-bw-.jpgAfter waiting what seemed like endless months, Michael Bontoft has been named the world-record holder for electric boat racing.

Bontoft set the record, 98.806 mph, in October at Devil’s Lake in Lincoln City, Ore. He and the electric boat that he crafted were featured in a Daily News article in October 2008.

The Castle Rock man knew he had set a record during his run, but because of rules of the record’s governing board, he couldn’t announce the achievement.

“They don’t want somebody out there saying they broke the world record if they haven’t,” Bontoft said….  More info

Times are tough, so the Miami International Boat Show is going overboard to make it easier to buy a boat.

The 68th Miami show, which runs today through Monday at three sites, will have an Affordability Pavilion to help people find boats that can be financed for $300 or less per month.

The pavilion, which has appeared at other boat shows, will feature fishing boats, runabouts and personal watercraft such as an Angler 173F ($250 per month), the 20-foot Carolina Skiff 218DLV ($219), a Polar Kraft Bass Series TX175 Pro ($125) and the Yamaha VX Cruiser and VX Deluxe PWCs ($59).

Those in the market for a boat should find good deals at the show…  More info