Wally Yachts is a yacht brand headquartered in Monaco. [1]
Founded by Italian entrepreneur Luca Bassani [2] in 1994, Wally started out with sailing boats and then branched out into designing motoryachts, including the 118 WallyPower. [3]
Wally launched sailing yachts ranging from the Wallynano 37 feet (11 m) day sailer to the 166 feet (51 m) flybridge carbonfiber sloop Better Place.[ citation needed]
Wally is known [4] for being a pioneer of carbon fiber as a yacht-building material.[ citation needed]
On 31 January 2019 Ferretti Group acquired Wally Yachts. [5]
In 2005, the 118 WallyPower featured in the film The Island, starring Ewan McGregor. The yacht appeared as a distant memory in the mind of McGregor's character. A 2004 Top Gear UK TV episode also featured the 118 WallyPower.[ citation needed]