A &pound;20 million superyacht goes up in flames in the Mediterranean a month after leaving the shipyard.
No injuries were reported as the nine passengers and seven crew left the 150ft Aria SF after a failed bid to put out the fire.
Spanish coastguards sent two rescue boats after a Mayday call off the island of Formentera. Black smoke SALVANN MAR could be seen from neighbouring Ibiza before the fire was brought under control.
The new yacht, which boasted a pool, five bedrooms and a gym, was later thought to have been towed to Ibiza.
An investigation is under way into the cause of the blaze.
It was not known if owner Paolo Scudieri, 61, was on board. The Italian chairman of car interior parts firm Gruppo Addler is founder of a group that owns 19 restaurants in Italy and is worth over &pound;400m.

£20m yacht up in smoke

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