On Thursday, October 20th, at the official awards ceremony of the NAUTICAL DESIGN AWARDS, held in the European design capital of Milan, Italy, the superb Prestige 500 was awarded the title of “Best Motor Yacht” in the category of yachts under 24 meters in length. Organized by Yacht & Sail Magazine and the Italian Industrial Design Association, the Nautical Design Awards represent the world’s most prestigious honour in the field of nautical design. Selected by an independent jury composed of designers, Italian business leaders and boat owners, the NAUTICAL DESIGN AWARDS recognize exceptional yachts demonstrating the perfect marriage of beauty and functionality. Winning this coveted award for the PRESTIGE 500 further confirms the success of the new PRESTIGE brand. This new model for 2011, first launched in Düsseldorf, Germany, won the trophy for “Best Interior Design” in the category of motor yachts of 50 feet in length in September at the World Yachts Trophies Awards in Cannes, France. She is also nominated for the title of “European Powerboat of the Year 2012” in the category of yachts over 45 feet in length.