Team Oracle's catamaran, which was engaged in a practice run on the Bay in preparation for next year's America's Cup finals, flipped over this afternoon. From the Chronicle:
The towering Oracle catamaran designed to "fly on water" in its defense of the America's Cup next year was drifting out to sea Tuesday evening after a spectacular flip into the San Francisco Bay during a training run. Onlookers watched in amazement as the disabled vessel valued at $8 million capsized and broke apart in the bay, then listed past the Golden Gate Bridge and into the Pacific Ocean in a tangle of debris.
Update 8:00 a.m, Wednesday: The yacht has been recovered, the Chronicle reports.
Update 6:11 p.m: From NBC Bay Area:
"The wing of the ship was severely damaged. It appeared to break away from the boat just before 5 p.m. It was breaking into parts a few minutes later."
Update 5:15 p.m. : Situation not looking good right now...
“Luckily everyone is accounted for, no one hurt. Wing is pretty badly damaged. Working to get #AC72 back to Pier 80” Tom Slingsby, tactician
— America's Cup (@americascup) October 17, 2012
Update 6:15 p.m. Bay Area News Group has Storified...