Fabio Buzzi, a 10-time world powerboat champion, died along with two other people after their powerboat crashed at the end of an attempt to break the offshore speed record from Monte Carlo to Venice.
The 76-year-old Italian's boat hit an artificial reef near the finish line at Lido di Venezia, when he reportedly misjudged how much space he had to enter a lagoon.
Organizers of the Assonautica race told Venezia Today that the boat was traveling at around 92 mph when it hit the man-made dam known as Mose.
"The boat took off and flew 30 meters (almost 100 feet) through the air, landing on its stern on the other side of the causeway, where the victims died on impact,” an official at Venice’s port authority said, according to the Times of London.
Fabio Buzzi founded his business Fabio Buzzi Design in 1971 and his company's boats have set 43 world speed records and won 55 world championships.
Most recently, Buzzi's firm helped develop the Sunseeker Hawk 38.