Whoops! Luxury yacht worth £30MILLION falls off a cargo ship in the Mediterranean and is totally wrecked

A £30 million luxury yacht was left a mangled wreck after falling off a cargo ship during a sudden fierce storm in the Mediterranean.

The 130ft ‘My Song‘ – built three years ago for billionaire Italian fashion boss Pier Luigi Laro Piana – was being brought back from America on a freighter for a regatta in Sardinia when the storm struck, knocking the yacht off the deck of the ship.

The 100-tonne yacht, which set the Monohull Record during the last year‘s Royal Ocean Racing Club‘s prestigious transatlantic Race, was spotted earlier today half submerged and drifting 40 miles from Menorca.

Experts say that even if the wrecked yacht is recovered it will almost certainly be a total write-off.

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Her owner had arranged for ‘My Song‘ to take part in the 2019 Loro Piana Superyacht Regatta, where she was a returning winner.

Pier Luigi is an heir to the high end clothing company Loro Piana, which was founded in 1924 by his grandfather Pietro.

My Song is described as ‘a wolf in sheep‘s clothing‘ – she has a 56-metre-high mast and under full sail can reach more than 30 knots.

One yachting expert said: ‘It is a terribly sad end for the illustrious yacht that was the belle of the ball at the 2017 World Superyacht Awards picking up the trophy for Best Sailing Yacht of its size.

‘She was packed with cutting edge design and technology and also served as a comfortable cruising yacht.‘