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2Shakey said..Helsal 2 the famous Sydney to Hobart yacht has gone aground off Grange beach in South Australia on the weekend. She had just underwent a refit and was on a test cruise when she began to take on water. She was built in 1979 and competed in 17 Sydney to Hobarts along with many other races to her credit. The photo below was taken yesterday and a salvage operation is underway at the moment. fortunately the weather has been good up to this stage.

Now salvaged after sinking a second time and losing it's mast plus being towed whilst upside down. Apparently mast salvage is being conducted separately.
Looks looks like it might be missing some deck hardware.