Elle Macpherson's Boat Trip Bikini Body in Ibiza

Posted Sunday July 15, 2012 12:00 PM GMT

Soaking up some rays off the coast of the Spanish island of Ibiza, Elle MacPherson snapped photos with family and friends in a teeny blue and white bikini.

The five-time Sports Illustrated Swimsuit Issue cover girl earned the vacation after recently completing filming of "Britain's Next Top Model," of which she is executive producer and host.

Another venture for Australian model is NBC's "Fashion Star," which will return for season 2, but without Miss Macpherson as host. She will stay on as executive producer as she focuses on building the show's brand on the international stage.

The 49-year-old fashion icon tells the New York Post, "I will still be very involved [and] will be reviewing the format for the upcoming season."

Photo Credit: AKM-GSI