Bugatti is working with Wisconsin-based Palmer Johnson to create an open-superyacht called Niniette.

Volkswagen Group's crown jewel is developing what seems to be the Bugatti of boats.

According to Mashable, the boat, which is made out of high-end materials and luxurious lineage, costs $2.1 million for the smallest version (42 feet) and $3.5 million for the mid-range (63 feet). An 88-footer Niniette was not yet priced by Palmer Johnson.

It is considered "the result of a maverick vision to perfect that delicate alchemy between desire and demand."

D'Marge reported that the Bugatti Palmer Johnson Niniette is a luxury craft that combines the best things about the two top-line creators. Its carbon-fibre hull and its two-tone paint job are based from the iconic Bugatti vehicles. It has the falling shoulder of the Type 57C Atalante and the proportional balance of Type 41 Royale.

Its deck features morta oak wood trim, maple, and bubinga. Upon ordering, the yacht will be made for 12 months based on the requirements of the client.

Digital Trends reported that  Bugatti board of management member Dr. Stefan Brungs said, "This very special project brings together two brands with more than 100 years of experience in high-end hand crafting in their respective fields."

The yachts can accommodate four passengers and has a large salon on the deck, where they can sunbathe. It also has a built-in crew cabin for people who don't want to sail the yacht themselves.

For its speed, the smaller model can run up to 38 knots, or 45 mph. It features a mix of ultra strong and ultra-lightweight titanium, as well as a dark blue exposed carbon fiber.

Bugatti holds the name "Niniette" very dear to its core, as it is the pet name of Ettore Bugatti's daughter, Lidia.

This boat is one of the best ways to fill the void as people wait for the finalization of Bugatti's supercar Chiron. It is set to be formally introduced next March at the Geneva Motor Show.