RedactedNarrative: O1 was traveling northbound at under wake speed and struck a submerged object causing front end of V1 to ramp up on submerged object becoming high centered and leaning heavily towards the starboard side. An assisting vessel pulled up to V1 and removed P1 from V1. O1 and a different assisting vessel made an attempt to push V1 off of submerged object with no progress. Weather/ wind conditions deteriorated quickly resulting in water inundating the rear starboard portion of V1 causing V1 to capsize. V1 was stuck capsized on a submerged object causing tow company issues during recovery resulting in a total loss of V1.