V-1 WAS UNDERWAY AT A PLANING SPEED WITH TWO OCCUPANTS ON BOARD. V-1 OPERATOR WAS APPROACHING V-2 WHICH WAS UNOCCUPIED AND DOCKED AT THE MOORINGS CLUB IN VERO BEACH.  WHILE MAKING A PORT TURN , V-1 OPERATOR MISJUDGED THE DISTANCE AWAY FROM V-2 . V-1 OPERATOR REALIZED A COLLISION WAS IMMINENT AND LET OFF THE THROTTLE WHICH CREATED AN OFF THROTTLE STEERING SITUATION AND V-1 OPERATOR COULD NOT TAKE PROPER AND EFFECTIVE ACTION TO AVOID COLLISION WITH V-2. V-1 COLLIDED WITH V-2 'S PORT SIDE CAUSING FIBERGLASS HULL DAMAGE TO BOTH VESSELS ESTIMATED AT A TOTAL OF $2500.00.  V-1 OPERATOR AND OCCUPENT WERRE AWARE THAT A COLLISION OCCURED AND THE VESSEL'S HAD BEEN DAMAGED BUT FAILED TO REPORT THE ACCIDENT TO PROPER AUTHORITIES. IN ADDITION, THE OPPERATOR AND OCCUPENT OF V-1 TOOK THE VESSEL WITHOUT THE PERMISSION OF THE OWNER.
VERO BEACH                    