Pershing built the GTX90 on spec - and moved the 90-foot queue
Where does the GTX90 actually sit in Pershing's lineup, and why does the 90-foot bracket matter right now?
The GTX90 slots between the GTX80 and the flagship GTX116, giving Pershing its first entry in the 27-30m "90-foot" bracket at the exact moment rivals there - Sanlorenzo, Azimut|Benetti - are sitting on backlogs worth over a billion euros and running into 2027-2029.
Ferretti Group confirmed that the first Pershing GTX90 went into the water at the port of Fano on 1 July. At 27.97 metres with a 6.89-metre beam, she fills the one slot missing from the GTX line, which until now ran GTX70, GTX80 and then jumped to the GTX116, as Megayacht News noted in its launch coverage. The GTX90 is the range's only model in the 90-to-100-foot band.
Twin 2,200 hp MAN V12X engines drive Castoldi TurboDrive 600 HCT waterjets, with the yard quoting a preliminary 35-knot top speed and a 30-knot cruise. A pair of Seakeeper NG18 gyros steadies four en-suite cabins for eight guests, per BOAT International's report. The deck numbers are the real Pershing argument - 37 square metres of cockpit and another 33 on the sportbridge, with a double garage holding a Williams 395 SportJet and a jet ski.
What did building the GTX90 on spec actually save, in concrete terms?
Ferretti Group started construction in 2025 with no named buyer, so the July 1 launch at Fano landed just 13 days after the model's public unveiling - against BOAT International's benchmark of roughly a three-year wait from contract to delivery for a fully custom yacht this size.
The schedule is the telling detail. This hull was started on spec in 2025 at Ferretti Group's Plug and Mould facility and completed at the new Mondolfo production area, where the entire GTX range is now built, per BOAT International. Ferretti Group only unveiled the model publicly on 18 June. Thirteen days later the boat was afloat.
A yard does not tie up capital in an unsold 28-metre unless it trusts both the demand and its own throughput. Dedicated GTX capacity at Mondolfo points to series production, not one hull per signed contract. That is the operating posture behind this launch, and it is the part a buyer can act on.
What does a buyer taking this hull get, and what do they give up, compared with ordering a new one?
A buyer gets a finished, waterborne 28-metre now instead of a multi-year position in the queue, but only as Vallicelli Design and Ferretti's engineering department already built it - twin MAN V12X engines, twin Seakeeper 18 stabilisers, the 4-cabin layout - with none of the customization scope a from-scratch commission carries.
The first GTX90 makes her global show debut at the Cannes Yachting Festival in September, per BOAT International. A finished, CE Class A certified 28-metre standing on a dock changes a negotiation in ways a rendering cannot. Anyone shopping this bracket can board the actual boat in eight weeks and weigh it against whatever delivery position a rival yard is quoting.
If you hold a deposit in the 90-foot segment, this launch is leverage in your next conversation with your yard. If you are still choosing, ask Pershing at Cannes where hulls two and three stand before you accept anyone's lead time. Spec production resets what "available" means, and Pershing just proved it can do it in this class.
What is good, and what to watch
Strong points
- A real hull beats a paper positionThe first GTX90 was actually in the water at Fano on 1 July 2026, while rival yards in the same bracket are quoting backlogs that stretch years out: Sanlorenzo's net backlog stood at EUR 1,002.5 million as of 31 December 2025 (EUR 618.1m of it already earmarked for 2026, EUR 384.4m for 2027 and beyond), and Azimut|Benetti's group backlog runs into 2029.
- Pershing, not the buyer, carried the schedule riskConstruction started in 2025 at Ferretti Group's Plug and Mould facility in Mondolfo before any named buyer was attached, so the yard absorbed the multi-year build risk itself rather than passing a waiting position to a customer.
What to watch
- One spec hull does not clear Pershing's own queueThe de-risking applies to this single unit. A buyer ordering the next GTX90 still enters Pershing's normal production line: BOATPro counts four Pershing yachts on order or under construction, and YachtBuyer's MarketWatch counts nine across the brand, so a second hull is not guaranteed the same 13-day turnaround.
- Fixed spec is the cost of the fast deliveryTaking the spec-built hull means accepting Vallicelli Design's layout and equipment as already installed - twin MAN V12X engines, twin Seakeeper 18 stabilisers (a first fitment for the model), the 4-cabin/8-guest arrangement - with none of the bespoke changes a from-scratch commission would allow.
- No published price to test the trade-off againstNeither Ferretti Group's own release, BOAT International, nor Megayacht News have published a price for the GTX90, so it's unconfirmed whether the immediate-availability hull carries any premium (or discount) versus ordering a new one to spec.
Practical detail
| GTX90 launch | 1 July 2026, Port of Fano, Italy - first hull built on spec, construction begun 2025 at Ferretti Group's Plug and Mould facility |
|---|---|
| GTX90 core specs | LOA 27.97m (91.8ft), beam 6.89m; twin MAN V12X engines at 2,200hp each with twin Castoldi TurboDrive 600 HCT waterjets; 35kn top speed, 30kn cruise; twin Seakeeper 18 stabilisers (first fitment); 8 guests in 4 cabins; CE Class A |
| Where it sits in the range | Between the GTX80 and the flagship GTX116 in Pershing's Sport Utility Yacht line - the model's first entry in the 90-foot bracket |
| Pershing order book (approximate) | BOATPro: 4 yachts on order/under construction; YachtBuyer MarketWatch: 9 in build or on order - brand-wide figures, not GTX90-specific |
| Sanlorenzo net backlog | EUR 1,002.5 million as of 31 Dec 2025 (order intake EUR 943.1m for the year, up 16% on 2024); SL86 in the same size bracket separately quoted at under 3 years' wait |
| Azimut|Benetti backlog | Extends into 2029; group closed FY (to 31 Aug 2025) at roughly EUR 1.5 billion revenue, 163 units under construction, 26th consecutive year topping the Global Order Book |
| General custom-build benchmark | BOAT International cites the usual three-year wait to delivery for a custom yacht as the industry default this spec build is compared against |
| Price | Not published by any source checked - treat as unconfirmed |
Questions this story answers
What happened?
The first Pershing GTX90 hit the water at Fano on 1 July, thirteen days after Ferretti Group unveiled the model, because the 28-metre was built on spec. For any buyer quoted a multi-year position in the 90-foot bracket, that timeline is the fact worth repeating.
What is good about it?
A real hull beats a paper position. The first GTX90 was actually in the water at Fano on 1 July 2026, while rival yards in the same bracket are quoting backlogs that stretch years out: Sanlorenzo's net backlog stood at EUR 1,002.5 million as of 31 December 2025 (EUR 618.1m of it already earmarked for 2026, EUR 384.4m for 2027 and beyond), and Azimut|Benetti's group backlog runs into 2029.
What should an owner or buyer watch?
One spec hull does not clear Pershing's own queue. The de-risking applies to this single unit. A buyer ordering the next GTX90 still enters Pershing's normal production line: BOATPro counts four Pershing yachts on order or under construction, and YachtBuyer's MarketWatch counts nine across the brand, so a second hull is not guaranteed the same 13-day turnaround.
Who reported this?
Ferretti Group, Pershing, BOAT International, Megayacht News, Sanlorenzo, Azimut|Benetti, Marine Business News, YachtBuyer, Robb Report.
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