Luxury yacht tips and sinks minutes after launch as terrified passengers jump overboard

Dramatic video shows a brand-new luxury yacht sinking just minutes after it was launched off the coast of Turkey, forcing its crew to leap overboard.

According to reports, the new $1 million vessel, an 85-foot cruiser named Dolce Vento, was launched Tuesday in the Ereğli district of Zonguldak, a port city on Turkey’s Black Sea. 

The amateur video shows the boat being pushed into the ocean down a track on the beach and then swaying within 15 minutes of setting off.

As bystanders watched, the luxury yacht lurched to one side, tilting dangerously before taking on water. 

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A $1 million luxury yacht sinks off Turkey's Black Sea coast after launch. (Mike Leidig/newsX)

Chaos erupted as people on board had to scramble onto the sloping deck. As the vessel sank quickly, they were forced to dive into the sea.

One clip shows a man in a dark suit standing on the vessel’s side before springing into the water.

The Turkish Coast Guard and port teams reportedly rushed to the scene, setting up a security perimeter around the capsized craft as it slipped further into the water, per TMZ.

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A man is seen standing on the side of the doomed luxury vessel. (Mike Leidig/newsX)

According to TMZ, a spokesperson for the shipyard hosting the yacht, Med Yilmaz, said the cause of the disaster is under investigation. 

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Technical inspections will be carried out to determine whether a construction flaw, balance issue or human error doomed the luxury vessel.

Fox News Digital reached out to the Turkish Coast Guard for comment.