Riva, the Lake Iseo Boatbuilder Behind the Aquarama

The Italian name synonymous with varnished mahogany runabouts, now Ferretti Group's luxury brand for yachts from 27 to 180-plus feet.

Founded
1842
Headquarters
Sarnico, Italy
Parent company
Ferretti Group
Models reviewed
1

Riva models

Riva began on Lake Iseo in 1842 and created the Aquarama, the most famous runabout ever built. Classic Rivas are collectible, and Ferretti now builds modern models.

Known for
  • Riva Aquarama mahogany runabouts
  • Carlo Riva's design era
  • Celebrity and royal owners in the 1950s and 1960s
  • Collectible classic boats
  • Modern Riva yachts under Ferretti Group

From Pietro's lakeside shop to Carlo's legend

Pietro Riva began building boats at Sarnico on the shore of Lake Iseo in 1842. His grandson Serafino turned the business into a builder of racing and pleasure boats in the 1930s, but it was Carlo Riva, from the 1950s onward, who made the name famous worldwide. Under Carlo, Riva runabouts became the boats of film stars, royalty and industrialists, with clients such as Brigitte Bardot, Sophia Loren and the Shah of Iran.

Carlo Riva sold the company in the early 1970s, and a succession of owners followed before Ferretti Group bought Riva in 2000. Today Riva is Ferretti's most prestigious brand, building fiberglass runabouts, open yachts and flybridge yachts from its yards in Sarnico and La Spezia.

Why the Aquarama still sets the standard

The Riva Aquarama, which we cover in depth, is the reason most Americans know the name. Introduced in the early 1960s and built into the 1990s, it combined a planked mahogany hull, deep varnish, twin inboard engines and a sunpad aft of the cockpit in a shape that still looks right today. It was built to order in small numbers, and surviving boats are cataloged and traced by enthusiasts.

That makes the Aquarama a collector's object more than a used boat. Prices depend on originality, hull number, engine type and restoration quality, and the best examples sell at levels comparable to classic sports cars. Restoration requires specialists, and Riva's own heritage department can certify history on some boats.

Modern Rivas, such as the Aquariva and Iseo runabouts and larger yachts like the Dolcevita and Folgore, translate the look into fiberglass with deep varnish-like finishes and polished stainless.

Owning a Riva in the US

Classic Rivas in the US live in a small, knowledgeable world of wooden boat restorers, concours events and lake communities. Modern Rivas are sold and serviced through Ferretti Group America and its dealers, with the strongest presence in South Florida.

  • Commission a wooden boat specialist survey for any classic Riva, focusing on frames, bottom planking and keel.
  • Ask for documentation of hull number and build history.
  • Confirm whether original engines have been replaced and with what.
  • Budget for annual varnish work, which is not optional on mahogany.
  • On modern Rivas, check gelcoat and varnish-look finishes for UV damage.

Riva history

  1. 1842Pietro Riva begins building boats at Sarnico on Lake Iseo
  2. 1930sSerafino Riva develops racing and pleasure boats
  3. 1950sCarlo Riva leads the company into its golden era
  4. 1960sAquarama introduced and becomes Riva's most famous model
  5. 1970sCarlo Riva sells the company
  6. 2000Ferretti Group acquires Riva

Frequently asked questions

Who owns Riva boats?

Riva has been part of Ferretti Group since 2000. Ferretti also owns Pershing, Ferretti Yachts, Custom Line, CRN and Wally.

How much is a Riva Aquarama worth?

Values vary widely with originality and restoration, but well-restored examples are priced like collector cars, often well into six figures and sometimes beyond.

Does Riva still build wooden boats?

No. Current production is fiberglass, though the styling deliberately recalls the mahogany classics.

Where are Riva boats built?

Riva's historic home is Sarnico on Lake Iseo in northern Italy, with larger yachts built at La Spezia.

Official website: riva-yacht.com. Yatch US is independent and not affiliated with Riva.