Oops!
Via Scuttlebutt:
Day 1 at Etchells Australian Nationals: Raymond Smith’s St John’s Dance was well placed midway through the final downwind leg when the boat lost control on a wave, broached wildly and snapped the spinnaker pole. Now totally out of control, the spinnaker pulled the yacht down sideways, it filled with water and slowly, painfully slowly, sank to the bottom, leaving just the top half of the mast visible. All three crew emerged unscathed, but the yacht will spend the night on the bottom of Cockburn Sound, forcing a day’s rest on the crew, and effectively snuffing out any chance they had at the national title.