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Large burning yacht sinks below the surface in Mediterranean Sea

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Dramatic footage shot by the Italian Coast Guard showed a burning yacht sinking below the surface of the Mediterranean Sea, off the coast of Sardinia.

The 'Lady M-M' yacht was heading to Sardinia from Capri when a fire broke out on board Tuesday.

Footage shows a plume of smoke leaving the boat as it disappeared into the water.

Coast Guard officials said they rescued 17 people from the vessel.

Two Coast Guard boats and a helicopter were involved in the operation.

The 17 people had already abandoned the ship and were in a smaller boat when the Coast Guard arrived.