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Some other reports - The boat stayed on the surface for a while...It wasn't a one of those 'bottom drops out, boat sinks

http://www.bbc.co.uk/news/uk-england-cornwall-25503978

24 December 2013 Last updated at 08:04 ET [BBC News]

Crew rescued from sinking boat off Isles of Scilly

Several attempts were made overnight to remove the men Two sailors have been rescued from a sinking racing yacht 170 miles south west of the Isles of Scilly.

They were on board the Cheminees Poujoulat, which was seriously damaged in 30ft (9.1m) waves and storm force 10 winds, according to the coastguard.

Several attempts were made overnight to remove the men, whose life raft had been damaged beyond use.

Conditions were too rough for a rescue helicopter to winch them and they were picked up by a merchant ship.

The sailors were about to climb into a life raft when the yacht broke in two - but they were able to stay aboard.

The men are believed to be French and Swiss.

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http://www.vsail.info/2013/12/24/bernard-stamm-and-damien-guillou-are-safe-but-their-imoca60-cheminees-poujoulat-has-sunk/

It wasn't a 'poof' and then it split in two.

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http://www.sailing-news.ch/1-31117-1-0-1-imoca~open~60~~cheminees~poujoulat~sunk~~bernard~stamm~sui~and~damien~guillou~fra~rescued.html

IMOCA Open 60 - 'Chemineés Poujoulat' sunk - Bernard Stamm SUI and Damien Guillou FRA rescued

On the way back from the Transat Jacques Vabre in Brazil to France, the unexpected happened ! Close to the Scilly Islands South of England, the Open 60 'Cheminées Poujoulat' broke in two and began to sink during the night of December 23 to 24 in a 45 kn breeze and heavy seas caused by the windstorm 'Dirk' passing over Northern Europe. The huge waves and the stormy wind made rescue by helicopter impossible, and only in the morning, a cargo vessel approached the sinking Open 60, but was unable to navigate near the severely damaged yacht. After a dramatic rescue action with several attempts, Stamm and Guillou succeeded to swim to the ship's side and were finally taken aboard with a rescue net. A few moments later, the Open 60 went to ground.

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