Lexus says the Sport Yacht concept’s unique CFRP construction saves nearly 2,200 pounds compared to similarly-made yachts with other materials. It adds that the yacht’s underwater hull design can reduce resistance or drag and improve handling balance at high speeds.

The yacht is powered by twin 5.0-liter V8 gasoline engines based on the 2UR-GSE high-performance engine of the Lexus RC F coupe, the GS F sport sedan and the new LC 500 grand tourer. Each engine produces 440 horsepower, driving the yacht at speeds up to 49 mph (43 knots) through a pair of hydraulically controlled inboard/outboard stern-drives. A bow-thruster with joystick control aids in docking.

Lexus notes that as a concept, the yacht is a bespoke one-off project with no production intent. However, the yacht serves as another example of Toyota’s increased expansion into marine design with composites. Last year, Toyota unveiled its Toyota-28 concept boat, which features hybrid hull combining carbon fiber, fiberglass and aluminum. It also released the Ponam-28V, made with a similar hull construction, which will be sold through a network of 50 companies in Japan.