Lexus just unveiled a gorgeous yacht concept that's perfect for tech tycoons

Lexus

Lexus is trying its hand at designing more than just cars. 

The Japanese-based automaker unveiled its proof of concept for a high-tech yacht on Thursday. Lexus said the yacht highlights the carmaker's interest in expanding into "new areas of lifestyle and recreation."

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Lexus' yacht concept is powered by twin V8 engines that together produce 440 hp and a top speed of 49 mph (43 knots.)

Lexus

It's made of carbon-fiber reinforced plastic, reducing the weight by nearly 2,200 pounds compared to similar-sized yachts made of fiberglass reinforced plastic.

Lexus

Lexus said its carbon fiber exterior is also used on the LFA, which can reach 202 mph.

Lexus

See the rest of the story at Business Insider