Cigarette Racing Team Forms Partnership to Expand in Europe and Africa

MIAMI, November 5, 2026 /CourierPR/ -- Cigarette Racing Team, the iconic American manufacturer of high-performance luxury powerboats, has announced a landmark international partnership with Yacht Hub Group, a Malta-based company. This strategic alliance will establish Cigarette Racing Europe, a dedicated platform headquartered in Malta, responsible for developing and expanding the Cigarette brand across 70 countries throughout Europe and Africa.

The partnership, signed at Cigarette Racing's manufacturing facility in Miami, Florida, represents a significant milestone in the company's international expansion. Alex Ruiz, Chief Executive Officer of Cigarette Racing Team, expressed excitement about the new chapter in the brand's global development.

Through this partnership, Yacht Hub Group will spearhead the development of Cigarette Racing's brand in Europe and Africa. The initiative will include the appointment of a carefully selected network of authorized dealers, the development of specialized service locations throughout key markets, and strategic relationships with superyacht brokers, yacht builders, and yacht management companies. A central component of the initiative will be Cigarette's role as a superyacht tender, offering owners the opportunity to customize their vessels around their individual preferences and the specifications of their respective motherships. Consistent with Cigarette's philosophy that no two boats are ever the same, each vessel will offer a highly personalized combination of performance, design, craftsmanship, and luxury.

Yacht Hub Group will establish its headquarters in Malta, supported by a world-class facility that will include a marina and serve as a premier destination for Cigarette owners, prospective customers, and enthusiasts. The facility will provide an integrated environment for sales, customer service, vessel support, and the broader luxury boating experience.

The partnership will also introduce several initiatives designed to strengthen the Cigarette ownership community throughout the region, including the development of a dedicated owners' club, restoration projects for classic Cigarette vessels, and an approved status program for qualifying pre-owned boats. These initiatives reflect the parties' shared commitment to supporting Cigarette owners throughout the entire lifecycle of their vessels.

Cigarette Racing has built an internationally recognized legacy as one of the world's premier manufacturers of high-performance luxury powerboats. Founded in 1969 in Miami, Florida, the company has been proudly hand-crafted in the United States of America for over 55 years, and will continue building on that tradition for decades to come. Renowned for its engineering, distinctive design, craftsmanship, and uncompromising performance, the company continues to set the standard in the premium performance boating market.

This landmark partnership represents an important new chapter in Cigarette Racing's global development, reinforcing its commitment to expanding its international presence while preserving the heritage, exclusivity, and exceptional customer experience that have defined the brand for more than five decades.