Grand Banks

Grand Banks and Palm Beach Motor Yachts Raise the Bar with First-of-Its-Kind Owners Club

New waterfront destination in downtown Newport, Rhode Island brings together slips, private dining, accommodations, service support, and factory-direct care, introducing a new model for the yacht owner experience.

Grand Banks and Palm Beach Motor Yachts announced the opening of their new Owners Club in Newport, Rhode Island, a first-of-its-kind destination created to enhance and support yacht ownership beyond the build and delivery process.

The Owners Club was officially celebrated with an opening reception on June 11, featuring beautifully prepared hors d’oeuvres, signature cocktails, a ribbon cutting, flag raising, and cannon salute. The evening brought together owners, team members, and invited guests to mark the beginning of a new chapter for the Grand Banks and Palm Beach Motor Yachts community.

Newport has long been central to the global yachting community, celebrated not only for its world-class sailing and regattas, but also for its vibrant dining scene, music, museums, historic architecture, golf, polo, and summer social calendar. Set in a prime downtown waterfront location with exceptional views of the harbor, the Owners Club on Spring Wharf was developed to give owners a true home base in the heart of it all. Whether arriving by boat, attending a major event, planning a summer cruise, or enjoying the cultural and lifestyle experiences that make Newport so distinctive, owners will have access to thoughtfully designed amenities, including a putting green and dedicated gathering spaces throughout the season. Designed as a dedicated hub, the location reflects the brands’ continued investment in a more personal, connected, and service-led approach.

Unlike a traditional marina or dealership model, the Owners Club was developed around the factory-direct relationship that defines both brands. Owners have direct access to sales, service, and owner support teams, creating a seamless connection between the people who design, build, commission, and support their motor yachts. “This is about creating something special for our owners,” said Mark Richards, CEO and Chief Designer of Grand Banks and Palm Beach Motor Yachts. “This is more than a facility, it’s a destination for owners to feel connected to their yachts, to Newport, to our team, and to the wider Grand Banks and Palm Beach Motor Yachts community.”

The opening of the Newport Owners Club marks another milestone as Grand Banks and Palm Beach Motor Yachts continue to go from strength to strength, expanding their global service, support and sales network.

The Grand Banks and Palm Beach Motor Yachts Owners Club is located at 1 Spring Wharf in Newport, Rhode Island.

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WHAT OWNERS SAY ABOUT GRAND BANKS

EASTBAY 44 OWNER

“We love our overnight trips. Recently we came down from Yamba to Sydney, about 300 nautical miles and, although we sat on 24 knots the whole way, we were only burning 100 litres (26 gallons) of fuel an hour!!! The EB44 is the best thing we’ve done for the family… we call it the ‘family wagon’”

MATT SPENCER, EASTBAY 44 OWNER

GRAND BANKS 60 OWNER AND 8 TIMES AMERICA’S CUP PRO SAILOR.

“This is my 4th Grand Banks and I’ve always liked them – they’re sea-kindly, fast and fuel efficient. But the stuff Mark Richards has done has made them even better. He’s raised the game and they’re now next generation in terms of design. My wife and I love cruising on it – each August we live onboard for 30-40 days. She feels very safe as it has a really nice ride. And we love the style and the lines.”

TOM WHIDDEN, GRAND BANKS 60 OWNER AND 8 TIMES AMERICA’S CUP PRO SAILOR.

GRAND BANKS 60 OWNER

“I was in Mexico when COVID hit and had to get home. I had an 1,100nm trip, uphill (upwind & up current) and, let me tell you, the boat did better than I did! I had to keep going day and night. Almost no boat of this size can go from Puerto Vallarta to San Diego non-stop. And thanks to the hull shape and lightweight carbon superstructure, it’s amazingly efficient.”

GARY WEISMAN, GRAND BANKS 60 OWNER

GRAND BANKS 60 OWNER

“The range of the boat had huge appeal. Because of the V-WARP Technology® hull that slips so easily through the water, the weight reduction of the carbon fibre and the new Volvo engines, we could simply go further with less stops. Of course, it saves money but the real plus is the convenience. At 10 knots I can travel for over 2000 nautical miles without refuelling. As a sailor, I don’t like to stop once I get going!”

JOHN BACON, GRAND BANKS 60 OWNER