OPERATOR WAS CRUISING IN A NEWLY PURCHASED VESSEL AT BEAUFORT INLET. OPERATOR POWER UP TO EXIT INLET AND STARBOARD ENINE SHUT DOWN.  AFTER ENTERING THE ATLANTIC OCEAN FOR APP. 2 MILES, OPERATOR ATTEMPTED TO DETERMINE ENGINE FAILURE.  STARBOARD ENGINE WOULD NOT START, SO OPERATOR REENTERED BEAUFORT INLET ON PORT ENGINE.  AS VESSEL WAS TRAVELING THROUGH INLET SO WERE BIG ROCK TOURNAMENT VESSELS.  THESE VESSELS WERE CREATING LARGE WAKES.  OPERATOR NOTICED HIS STERN WAS SITTING LOW IN THE WATER AND USED AN AIR HORN TO WARN OTHER VESSEL OF A PROBLEM.  SEVERAL VESSELS RENDERED ASSISTANCE AND NO PERSONS ON OPERATOR'S EVER ENTERED THE WATER OR WERE INJURED.  VESSEL FILLED WITH WATER AND CAPSIZED.  AFTER VESSEL WAS INSPECTED BY BOGUE SOUND BOAT COMPANY.  VESSEL HAD TAKEN ON WATER DUE TO MISSING SILICONE BEHIND RUBRAIL AT THE STERN.
MOREHEAD                      