By USA Daily Now 
In a dramatic rescue operation on Saturday evening, 32 passengers were safely evacuated after a multimillion-dollar luxury yacht began sinking off the coast of Miami Beach. The vessel, a 63-foot TECNOMAR FOR LAMBORGHINI valued at $4 million, was taking on water near Flagler Monument Island, a popular man-made island in Miami’s Biscayne Bay.
Multiple agencies, including the U.S. COAST GUARD, swiftly responded to the scene to assist the stranded passengers. According to a spokesperson for the MIAMI BEACH POLICE DEPARTMENT, all 32 individuals were rescued without injury and assessed by the MIAMI BEACH FIRE DEPARTMENT.
The yacht, which was carrying twice its maximum capacity of 16 people, as noted on the LAMBORGHINI MIAMI website, is now the focus of a commercial salvage operation. The U.S. COAST GUARD SOUTHEAST confirmed in a social media post that the vessel does not pose a hazard to navigation and expressed gratitude to nearby Good Samaritan boat operators who provided assistance.
The limited-edition TECNOMAR FOR LAMBORGHINI, a collaboration between LAMBORGHINI and THE ITALIAN SEA GROUP, weighs 24 tons and can reach speeds of 63 knots (approximately 72 mph). Inspired by Lamborghini’s super sports cars, the yacht is a symbol of luxury and high performance.
The incident occurred during the highly anticipated FORMULA ONE MIAMI GRAND PRIX, which took place from May 2 to May 4 at the Miami International Autodrome. The 2024 event drew over 275,000 in-person fans, according to the FORMULA ONE website.
The FLORIDA FISH AND WILDLIFE CONSERVATION COMMISSION is leading the investigation into the incident. Requests for comment from the MIAMI-DADE FIRE RESCUE DEPARTMENT and LAMBORGHINI were not immediately returned.
**Sources:**
[Fox News Digital](https://www.foxnews.com)
[Lamborghini Miami](https://www.lamborghinimiami.com)
[Formula One](https://www.formula1.com)