V1 WAS TRAVELING NORTH APPROXIMATELY 1/2 MILES WEST OF NAPLES BEACH.  V1 BEGAN TO LIST FROM SIDE TO SIDE.  THE OPERATOR BACKED THE VESSEL SPEED DOWN TO AN IDLE AND VSUALLY INSPECTED ENGINES AND TRIM TABS.  WHEN THE OPERATOR ATTEMPTED TO POWER V1 BACK UP HE HEARD A LOUD NOISE COME FROM THE TRANSOM OF V1.  AS THE OPERATOR WALKED BACK TO THE STERN OF V1, HE OBSERVED THE ENGINES AND TOP CAP OF THE TRANSOM BRACKET PEEL AWAY FROM THE HULL AND FALL INTO THE WATER.  THE HULL FILLED UP WITH WATER CAUSING THE VESSEL TO CAPSIZE.
NAPLES                        