Ferretti was founded in 1968 by Alessandro and Norberto Ferretti, and the first motor sailer was produced in 1971. Then in the 1980s the two brothers decided to specialize in luxury motoryacht production. In Forlì, they set up a new unit, which includes the company headquarters today. Then they started to produce the world's most advanced motor yachts. The Ferretti Group utilizes talented naval architects and masters to build one of the world's most advanced marine research, development and design centers, specializing in the development and construction of the industry's most advanced semi-custom composite yachts ranging from 16 to 29 meters.