Naval architect, Jim Wynne, was impressed with the characteristics and performance of Hunt's boat and designed a similar deep-vee hull, which was equally successful.
In 1962, Don Aronow, a retired real estate developer, asked Jim Wynne and Walt Walters to design a high performance Deep-Vee hull for him to race.
Magnum Marine in Miami, Florida, was founded in 1966, when Donald Aronow built two hulls specifically for the offshore powerboat racing circuit.
[citation needed] With her new designs and continuously improved technology, Katrin has brought Magnum Marine's success to the Patrol Craft and Pleasure boat market.
The two were cruising on a sixty three foot Magnum Marine yacht off the coast of Portland, Maine when the boat caught fire and sank.