http://news.yahoo.com/gps-suggests-calif-yacht-hit-rocks-off-mexico-135300416--spt.html

An American yacht destroyed while racing from California to Mexico ended up on the rocky shore of an island just past the border, according to a website that tracks boats by GPS, potentially undercutting the theory that it was crushed by a large ship.

Coast Guard investigators have not recovered the GPS device but will consider the coordinates as they try to determine what caused the crash of the 37-foot Aegean that killed three sailors and left one missing, agency spokesman Lt. Bill Burwell said Tuesday.

Investigators are also scrutinizing the sailboat's debris, interviewing race participants and seeking records of any large ships in the area, Burwell said.

The GPS tracking information shows the boat landed on Mexico's Coronado Islands at 1:36 a.m. PDT Saturday at a speed of about 6 knots. The coordinates were the last posted by the ship a day after it left from Newport Beach, where the 124-mile race to Ensenada, Mexico, began.

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OK, how about this concept instead... GPS data is correct, autopilot (as Jon suggested) was set, motor was on (hence steady course and speed) and crew on watch fell asleep. Boat crashes into rocks, and boat is split into larger pieces and crew is ejected, then the wreckage is then run over by a larger ship, rendering all the pieces into widely scattered "blenderized" pieces.

Otherwise I still find it rather difficult to believe that crashing into a rock face in that manner would create the widely scattered small pieces...

And I still find it somewhat difficult to believe that experienced sailors, who have done this race, would set the course right for or through the island.