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.
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Branson will be bringing along his two children for this record attempt. About his son, who is currently kayaking near the North Pole to demonstrate the melting of the polar ice cap, Branson said, "Doing these adventures is more rewarding then partying all night." His daughter is training to be a doctor and after 6 years of hard work, this is one of her rewards.