LONDON , England ( CNN ) -- It runs on 100 per cent renewable biodiesel and holds the record for the fastest circumnavigation of the globe in a powerboat -- and now Earthrace is for sale . For sale : The green powerboat Earthrace is on the market for $ 1.5 million . The boat 's owner , New Zealander Pete Bethune , listed Earthrace as for sale on the vessel 's dedicated Web site last year , and he 's now taking it on a tour of Australia and New Zealand in the hope of finding a buyer . Bethune is asking $ 1.5 million for the trimaran , which holds the world record for the fastest time in circling the globe in a powerboat . Earthrace achieved the feat in 60 days , 23 hours and 49 minutes ; beating the old record by over two weeks . Earthrace claims to have a net zero carbon footprint by running on renewable bio diesel . Most of the fuel is believed to come from waste animal fats . The 1080 hp engine is kept cool with ducts which expel hot air and suck in cold air . See an image gallery of Earthrace » . Bethune has said he hopes to pay off some debts with the sale of the boat .
Earthrace holds the world record for fastest time around the globe in a powerboat . Owner Pete Bethune is selling Earthrace for $ 1.5 million . Score: 7