RedactedNarrative: V1 was traveling North West in Manatee Bay towards Manatee Bay Marina when a storm came in with wind gusts of 35 to 40 MPH. V1 turned North East, the sail caught the wind gust and tipped the vessels starboard side into the water. The vessel righted back up and tip again on the port side and was not able to right itself again. The vessel took on water and sank in approximately 7 to 8 feet of water. The occupants of the vessel put on life jackets and stayed with the vessel until rescue.