[3] On December 31, 2024, Paolo Vitelli died suddenly on the spot following a fall near his home in Ayas, Aosta Valley, in the frazione of Mascognaz.

[4][5][6] The Azimut Benetti group has been managed since 2023 by Vitelli's daughter, Giovanna, and produces motor boats from 9 to 110 metres under the Azimut and Benetti brands in six shipyards, in Avigliana in Piedmont, Savona in Liguria, Viareggio and Livorno in Tuscany, Fano in Marche and Itajai in Brazil.

The company evolved again, adding the distribution of sailing boats, motorcruisers and finally motoryachts from different makers, including British Powles, Westerly, and others.

[11] The company expanded its range, focusing on the lower segment of the market with the launch of the AZ 32' Targa in 1977, the "Ford T" of the boating world.

[14] The headquarters site houses is a 100,000 square meter facility of offices and the factory, which can build 300 boats (of up to 68 feet (21 m) LOA) per year.