RedactedNarrative: V1, while traveling North in the ICW in Sarasota Bay, a fire began to ignite from the inboard engine compartment of V1. Then, the fire began to travel to center console and bow of V1. V1 sunk due to fire damages.
  
  Operator gave a sworn written statement. Operator provided the following statements that may not be his full statement, and has been paraphrased:
  •	He stated the vessel’s approximate speed was 50 MPH.
  •	He stated he heard and noticed the port engine alarm come on.
  •	He opened the back hatch, which covers the inboard engines, located at the stern of the vessel.
  •	When he opened the back hatch, one foot flames began to exit the compartment.
  •	He closed hatch immediately.
  •	He noticed smoke coming out of the center console dash and bow of the vessel.
  •	He shut down engines, and exited the vessel within one minute.
  In conclusion, the vessel was traveling North in Sarasota Bay and became ignited in flames, possibly by an electrically caused fire, starting from the inboard engine compartment. No injuries occurred during and after the boating accident.