Blame it on the King of Spain. When Palmer Johnson launched the 100-foot, Don Shead-designed Fortuna in 1979 for Juan Carlos, the new royal yacht established a 52-knot record that lit the imagination of megayacht builders around the world. Prior to that time, top speeds in the 20-plus knot range were typical. The record stood until 1988, when it was eclipsed by Octopussy, a 132-foot Diaship/Heesen-built design from the mind and drawing board of Dutch naval architect Frank Mulder for Staluppi and Rosatti. With triple 3,500 hp MTU diesels and KaMeWa 63 water jets, it topped out at 53.17 knots, a speed that would stand until June, 1992, when Mulder's next design, Moonraker, would turn in a top speed of 66.7 knots. Fast yacht development seemed to have peaked at that point, until Juan Carlos launched Fortuna III in 2000, and was credited with a 68-knot record. And the flag was dropped.