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.