Shigeki Tomoyama, executive vice president at Toyota, has announced the company’s intention to sell a bigger version of the 42-foot Lexus “Sport Yacht Concept” boat. The announcement marks a change in direction for the company, which last year referred to the concept as a “bespoke one-off project” that would not go on the market.

However, that changed earlier this month, when the concept won the Boat of the Year award at the Japan International Boat Show in Yokohama.

“Based on our amazing experiences in engineering, building, testing and showing the Lexus Sport Yacht concept last year, we’ve decided to take the next bold step of producing an all-new larger yacht that builds on the advanced nature of the concept while adding more comfort and living space,” Tomoyama said. “We plan to start sales in the U.S. in the latter half of 2019, with sales in Japan following in the spring of 2020.” The version that will hit the market will be 65 feet.

The boat was engineered by the Toyota Marine Division and a single running proof-of-concept was built in partnership with Marquis-Larson Boat Group of Pulaski, Wisc. The hull, inner structure and superstructure of the bespoke open sport cruiser were made of hand-laid carbon fiber fabric and vacuum-infused with two-part polyurethane resin.

The boat will carry up to eight guests on board and will feature a high-tech multimedia entertainment system. It will be able to reach a top speed of 49 mph. Specifications, pricing and other details of the yacht will be announced at a later date.