V1 WAS BEING TOWED FROM THE BEACH. AFTER ABOUT 100 YARDS V1 BEGAN TAKING ON WATER AND SANK WHILE STILL ATTACHED TO THE TOWBOAT. V1 WAS EVENTUALLY RAISED AND TAKEN TO THE MARINA. 

*AMENDED- WHILE V1 WAS BEACHED A BUNCH OF SAND AND WATER GOT INTO THE VESSEL WHICH WEIGHED IT DOWN. WHEN THEY TOWED IT THE VESSEL WAS WEIGHTED DOWN TO FAR AND BEGAN TAKING ON WATER.
BOCA GRANDE                   