Penny Lancaster, 53, soaks up the sun on £50m yacht with husband Rod Stewart on Italian holiday

RECLINING in the sun, aboard her husband Rod Stewart’s £50 million luxury yacht, Penny Lancaster showed off her enviable physique in a highly revealing bikini.

The pristine boat has been moored around the Italian Island of Sardinia with turquoise waters and lush landscape.

Former model Penny, 53, had stripped down to a bronze halterneck bikini with a shimmering finish, offset by matching pants which showcased her long legs to amazing effect.

The popular ITV Loose Women panelist was no doubt keen to catch a the sun's rays while husband Rod, 79, donned a pair of bright orange swimming trunks, enjoying a blast of the sun aboard the yacht- his trademark blonde spikes, instantly recognizable.

The dad -of-eight had treated his family to a holiday in the med and Penny could be seen aboard the deck, chatting away to friends as well as her sons, Aiden and Alastair.

Also present were Rod’s other children Sean, Ruby and Kimberley from his previous marriages.

His baby grandson Otis, who is just over a year old, and his two sons-in-law Adam Sumner and Jake Alick are also on the trip.

The big-bucks vessel, from Fraser Yachts, is a whopping 63m in length and can accommodate 12 guests for cruising and sleeping.

There's a hot tub on board as well as a steam room, massage room and Hammam for wellness.

Snorkelling gear is also on-hand for any Stewart who wishes to plunge into the sea.

The downtime came shortly before the Maggie May star's shows in Las Vegas this month.

He is set to perform at The Colosseum at Caesars Palace for two weeks as part of his The Hits show.

The rocker will take to the stage in front of a packed crowd from until Wednesday, August 7.