Virgin Money's Dream Dashed by Monster Wave

Virgin tycoon SIR RICHARD BRANSON has been forced to scrap his attempt to set a sailing world record from New York to England, after his yacht was damaged by a storm. Approximately 2 days and 4 hours at sea in the face of impossible odds the crew of Virgin Money had to admit defeat on their first attempt to set a new world record for the fastest mono-hull crossing of the Atlantic Ocean. After 2 days that saw the crew and Virgin Money overcome seas of 40 ft. a gale force winds of between 7 and 9 their dreams were finally dashed when a monster wave took out the spinnaker, washed a ten man life boat overboard and ripped a huge gash in the mainsail.