The classic 27.58 metre sailing yacht Gitana IV, listed for sale by Mike Horsley at Edmiston & Company, has been sold with the buyer introduced by Barney Sandeman of the Sandeman Yacht Company.
Built of mahogany planking on Iroko frames by Italian yard Sangermani to an in-house design, Gitana IV was delivered in 1962 as a classic yawl. She is famed for being commissioned by Baron Edmond de Rothschild, and for winning several regattas including the Fastnet race, where she set a record that remained unbroken for 19 years.
Despite her racing pedigree she remains a comfortable yacht accommodating six guests in three cabins consisting of a master suite and two VIP cabins, all with twin beds and en suite shower facilities.
In the main deck saloon, the dining table comfortably seats six guests on three sides in a half-circle of cloth-covered couches and offers an ice maker, storage, bookshelves and an entertainment centre.
The main mast was replaced in 2010, at which time both booms and the mizzen mast were completely overhauled and repainted. In addition, all the rod rigging, with associated rigging screws, were replaced. Her top speed is 10.5 knots and she boasts a maximum cruising range of 600 nautical miles at 9.5 knots with power coming from a 340hp Lugger 6125A diesel engine.
Gitana IV was asking €995,000.