Princess Diana and Dodi Fayed's iconic love boat is now at the bottom of the Mediterranean Sea

• The yacht on which Princess Diana holidayed with Dodi Fayed is now at the bottom of the sea, per The Times.
• The boat, named Cujo, sank after it collided with an unidentified object off the French Riviera.
• Cujo has changed hands multiple times in recent years and was most recently owned by a wealthy Italian family.

The yacht where Princess Diana spent part of her last summer with Dodi Fayed has sunk to the bottom of the Mediterranean Sea.

The boat, named Cujo, sank on July 29 after colliding with an unidentified object off Beaulieu-sur-Mer on the French Riviera, The Times reported.

The Gendarmerie des Alpes-Maritimes uploaded a statement onto their Facebook page confirming that they responded to a distress call from a boat that was in trouble about 35 kilometers, or 22 miles, off the coast.

By the time the coast guards arrived at the scene, the yacht was already partially submerged.

"The distressed yacht is already starting to sink from the front and the 7 shipwrecked are just next to it in a life raft," the statement said. "The cabins of the yacht are already flooded, only a few suitcases located in the kitchen and on the deck can be retrieved."

The Gendarmerie des Alpes-Maritimes added that they would remain in the area to monitor pollution because the yacht sank with almost 7,000 liters of diesel in its tanks.

When Insider reached out to the Gendarmerie des Alpes-Maritimes for direct confirmation of the boat's identity, the organization told Insider "to search via Google."

Cujo made international headlines in 1997 when Princess Diana was photographed onboard with its then-owner Fayed, per Robb Report.

That summer, Princess Diana was also photographed onboard another yacht owned by Fayed's father, the Jonikal — which was subsequently renamed Sokar, per The Times.

Mere weeks later, the two of them died in a car crash in Paris while trying to escape the paparazzi.

Following their deaths, Cujo fell into disrepair and was decommissioned in 1999, per Robb Report. After a few years in storage, Fayed's cousin, Moody Al-Fayed, spent over $1 million restoring the boat before he sold it to a British car collector Simon Kidston for €160,000, or $175,400.

Kidston subsequently sold the boat to its current owner in 2021, he told Robb Report.

"A young member of a prominent Italian business family—he's 30 years old—had seen Cujoin Lavagna, fallen in love with her and asked if she was for sale," Kidston told Robb Report.