Millionaires have a new toy to play with in the water.  A new underwater boat shaped like a dolphin has been created by two innovative inventers. The boat mimics dolphin movement by jumping in and out of the water.

The two-seater craft can submerge 2 ft underwater for around 20 seconds at a time creating the dolphin-like dive effect.

The price for a custom-made Seabreacher is not for the fainthearted and would cost in the region of £40,000.

Mr Innes said: “Because it’s so light it pops out of the water like a cork. It can fly up to 10 feet in the air even if you are going at 15 mph.

“It’s really just for fun. It’s a 3-D jet ski. We liken it to a monster truck. In the end we would like to turn it into a recognised sport as you can race and jump. You can do a single or double roll in the Seabreacher which is great fun though the landing is quite rough.

“It is quite complicated to drive though – it’s a workout to handle it. I would be wary of selling it on to people because there is the danger that after submerging you could hit a boat or a swimmer. We always stay in radio contact to check the surface.”

The current Seabreacher model is 14 ft 10 inches long and weighs 1,000 lbs. It has taken eight years for the creative Innespace duo to make the two-seater vessel which they hope to turn into a model for ‘aqua Formula One’.