richard childress yacht name

Superyacht abandoned by a Russian fertilizer billionaire has a new secret owner, who got it for a huge discount

The Alfa Nero superyacht, which has been abandoned in the Caribbean for more than two years, has a new owner.

The 267-foot (81-meter) vessel, complete with a baby grand piano and a swimming pool that turns into a helipad, sold for $40 million last week, said Ronald Sanders, Antigua and Barbuda’s ambassador to the US. He declined to name the buyer, citing a confidentiality agreement.

The sale marks the latest attempt to end the years-long Alfa Nero saga. A Russian oligarch abandoned the luxury yacht in Antigua in March 2022, after being sanctioned by the US Treasury. Then tech billionaire Eric Schmidt tried buying it at auction, only to  give up  when the sale became a legal quagmire. 

Meanwhile, the vessel sat in Antigua’s Falmouth Harbour being tended to by a skeleton crew and costing over a $100,000 a month to maintain.

At $40 million, the new Alfa Nero owner will end up paying far less than the $67.6 million that Schmidt, a former Google CEO, had offered last year. Sanctioned Russian fertilizer billionaire Andrey Guryev had originally bought the Alfa Nero in 2014 for $120 million, the US Treasury Department said — which Guryev denies. 

His daughter, Yulia Gurieva-Motlokhov, later stepped forward to claim ownership of the yacht, triggering a legal dispute.

“It’s not worth 40 million, it’s worth way more,” said Richard Higgins, a broker with Northrop & Johnson who represented the undisclosed buyer. “They needed to get the boat sold.”

Higgins said the new owner is European and will likely put the Alfa Nero on the charter market.

The Alfa Nero is among more than a dozen superyachts pinned down in ports around the globe after Russia’s full-scale invasion of Ukraine in 2022 brought a series of economic sanctions against Russian oligarchs. Many of the vessels have been stuck in limbo amid costly legal disputes and racking up maintenance costs.

The Phi superyacht has been moored in London since 2022 while other vessels are stuck in Italy and Spain. There’s also the Amadea, a 348-foot ship with a lobster tank and hand-painted clouds on the dining-room ceiling, which was seized from its alleged oligarch owner in Fiji and now sits in California. Last month, a New York court denied the US government’s request to sell the Amadea, Voice of America  reported .

Alfa Nero’s new owner “is not included in the sanctions list of any country or institution,” Ambassador Sanders said.

The latest attempt to sell the Alfa Nero was brokered through a private contract, the port manager, Darwin Telemaque, said in a phone call. He also declined to name the buyer. Telemaque expects the proceeds will cover the millions of dollars in port fees the Alfa Nero has racked up.

“I am very happy that the ship is no longer the responsibility of the people and the government of Antigua and Barbuda,” he said. 

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Richard Childress Net Worth: Racing Icon and Business Tycoon

June 9, 2024.

Richard Childress's name resonates throughout the NASCAR community as a symbol of persistence, hard work, and immense success. Born in 1945, Childress began his career in the racing world as an independent driver in 1969. Despite not winning a race as a driver, his consistency showcased his skill and dedication to the sport. His early career laid the foundation for his future achievements and set him on a path to become one of the wealthiest figures in racing, with an estimated net worth of $255 million.

Transitioning From Driver to Team Owner

Richard Childress retired from driving in 1981 and shifted his focus to team ownership, establishing Richard Childress Racing (RCR). This move proved fortuitous, especially with the iconic partnership he formed with Dale Earnhardt. Together, Childress and Earnhardt won multiple championships throughout the 1980s and 1990s, cementing their legacy in NASCAR history. Today, RCR is one of the most successful teams in NASCAR, fielding entries in the Cup Series, Busch Series, and Craftsman Truck Series.

Diverse Business Ventures

Beyond the race track, Childress has demonstrated impressive business acumen. His ventures include not only RCR but also the Richard Childress Racing Museum, Childress Vineyards Winery, and ECR Technologies. Childress Vineyards has gained a reputation for quality wine production, reflecting his passion for winemaking. Additionally, his business interests extend to real estate investments and even partnerships with notable figures like Bill Gates.

Philanthropic Efforts

Childress is equally dedicated to philanthropy. He founded The Childress Institute for Pediatric Trauma in 2008, aiming to improve the treatment and survival rates of critically injured children. His commitment to the community is further evidenced by his efforts to create and preserve jobs in Davidson County and other philanthropic endeavors.

Family and Legacy

Childress has ensured that his legacy will endure by involving his family in his businesses. His grandsons, Austin and Ty Dillon, currently drive for RCR, keeping the family tradition alive. Moreover, the Childress Racing presence continues to grow, with sustained success and investments in various industries, including a planned expansion of Childress Vineyards to potentially include a distillery.

Challenges and Controversies

Like any prominent figure, Childress's career has not been devoid of controversies. He has faced allegations of favoritism towards drivers like Earnhardt and Harvick, and even had a physical altercation with Kyle Busch. RCR has also dealt with fines and penalties from NASCAR, but these challenges have not deterred Childress from his path.

Unyielding Work Ethic and Impact

Richard Childress's work ethic, commitment, and willingness to take risks have been key factors in his success. At 78 years old, he remains actively involved in running his businesses, reflecting his enduring spirit and passion. His forward-thinking approach and ability to adapt to industry changes, such as his innovative adaptations in NASCAR manufacturing, highlight his prowess as a businessman.

Richard Childress's extensive impact on the racing industry and the wider community underscores his status as a true legend. His life's work serves as an inspiration, illustrating the power of perseverance, strategic thinking, and relentless dedication to one's passions.

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Richard Childress Potentially Ruining His Legacy in NASCAR as Kyle Busch Slowly Gives Up on RCR

Could kyle busch look for a move elsewhere, richard childress shares his frustration at the season so far.

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• Automotive Power Only

The Richard Childress Boat

• Thread starter FAST EDDIE
• Start date Jan 22, 2015

Southern Airboat Gallery Archives

• Jan 22, 2015

Well-known member

Bet that cost half your house  

Is that your bike?  

• Jan 23, 2015

HAMMERHEAD said: Is that your bike? Click to expand...

Silent Prop

:scratch:  

I had to do a little research, I don't know why RCR isn't building LS motors. :scratch:  

One Eyed Gator

Looks Bad to the bone, gonna need a little more Prop, lol.  

12PSI said: I had to do a little research, I don't know why RCR isn't building LS motors. :scratch: Click to expand...

big3country8

How old is that motor? They have been sb2 for a while now. Or is that a lower series motor?  

big3country8 said: How old is that motor? They have been sb2 for a while now. Or is that a lower series motor? Click to expand...

Looks great. Ought to be a quick boat. Need some close-ups though. lol  

• Jan 24, 2015

without knowing the engine output and a 2.88 i'm thinking he could use more prop. like 4 -82's or more.  

swamper2 said: without knowing the engine output and a 2.88 i'm thinking he could use more prop. like 4 -82's or more. Click to expand...

What size sprockets on that bad ass beach cruiser. Betcha that thing will really haul the mail.  

How long till its done? Like to see what its got at the Freedom ride if its gonna be there. I got a 14' flatbottom glass boat three seater with a LS.  

Btw Fun looking boat!  

• Jan 25, 2015

The real fast Eddie has a big block on a 14' ride boat, get that beast done and line it up with him, the winner keeps the name :stirpot:  

Sorry for my lack of knowledge but what's the cylindrical tank  

SWAMPHUNTER45

Looks like oil tank since its a dry sump