Luxury Lamborghini Yacht from Miami Beach, 32 passengers rescued

32 passengers were rescued Saturday night after a multi-million-dollar luxury yacht began to sink the coast of Miami Beach.

The yacht is a 63-foot Lamborghini Tecnomar, a shocking $4 million price tag, and is riding on water near Flagler Monument Island, a popular man-made island in Biscayne Bay, Miami.

Several agencies, including the U.S. Coast Guard, responded to the scene to help stranded passengers.

A Miami Beach Police Department spokesman told Fox News in an email that all 32 rescued people were not injured and was assessed by the Miami Beach Fire Department.

Coast Guard rescues 4 passengers from capsized boats near the Florida coast; one is dead, and five are still missing

The price of a luxury yacht is about $4 million. (X/Southeast of the United States Coast Guard)

"Commercial rescue attempts to recover the ship and (IT) is not harmful to the navigation," USCG Southeast wrote in a social media post. "...Special thanks to the operators of the nearby Good Samaritan ships for helping."

Several agencies, including the U.S. Coast Guard, responded to the scene. (X/Southeast of the United States Coast Guard)

When the ship starts to sink, it has twice its capacity. As mentioned on the Lamborghini Miami website, Lamborghini's Tecnomar can accommodate up to 16 people.

More than a dozen rescued people were found after the waves threw crew into Florida waters: Authorities

The limited edition Tecnomar, created by Lamborghini and the Italian Sea Group, weighs 24 tons and can reach speeds of 63 knots and is about 72 miles an hour. According to the Tecnomar Yachts website, high-end yachts are inspired by Lamborghini’s supercars.

The Tecnomar of Lamborghini, created by Lamborghini and Italian Sea Group, weighs 24 tons and can reach speeds of 63 knots, or about 72 miles an hour. (X/Southeast of the United States Coast Guard)

The event took place at the Miami Grand Prix in Formula One, which took place this weekend from May 2 to May 4 in the Miami International Autonomous Islands. In 2024, the event attracted more than 275,000 face-to-face followers over the weekend, according to the Formula One website.

The Florida Fish and Wildlife Conservation Commission is investigating the incident, a U.S. Coast Guard spokesman told Fox News Numbers.

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The Florida Fish and Wildlife Conservation Commission, Miami-Dade Fire Department and Lamborghini did not immediately respond to a request for comment from Fox News digital numbers.

Sophia Compton is a digital production assistant at Fox News Digital. Sophia was formerly a corporate journalist covering finance, energy and tourism, and has experience as a TV news producer. She graduated from the University of Hawaii Manoa in 2021.