The yacht that sank off Wexford yesterday afternoon was the Scottish–owned Ker 39 Inis Mor. The top performer was en route to the Irish Cruiser Racer Association (ICRA) National Championships that begin at Royal Cork Yacht Club in Cork Harbour on Thursday. 

A social media post by the crew last night said: 'By now a lot of you may have heard the sad news. We are all glad that Clarke, Bob and Clara are safe and well. Unfortunately this afternoon Inis Mor sunk whilst on her way to Crosshaven. Clearly we are all absolutely gutted but very thankful to the [Coastguard] Rescue 117 helicopter crew who got the guys out the life raft and the Kilmore Quay RNLI team who came to assist'.

The crew, two men and a woman, evacuated to a liferaft (one crew visible top left of raft). Photo: Rescue 117

Clyde–based Inis Mor, a Ker 39, was due to race at the ICRA championships on Thursday. Photo: Facebook/Inis Mor

The yacht made good progress from the Clyde to Scotland and called in to Dun Laoghaire on its passage down the Irish Sea. Screengrab: Marine Traffic

As Afloat.ie reported earlier, the three sailors were rescued by Coastguard Helicopter and brought to Waterford airport. 

Rescue 117 reported it was tasked to a yacht sinking off the Saltee Islands on social media: 'The yacht crew had issued a Mayday call and had taken to their life-raft. The life-raft was spotted 11 miles away by our winchman on the FLIR (Forward Looking Infrared) camera. Rescue 117 winched the three crew from the life-raft to the safety of the aircraft. They did not require any medical attention. Kilmore Quay lifeboat were also on scene. The yacht sank shortly after'.

The yacht, one of several international competitors travelling to the event, was one of four competing in Class Zero of the Cork Harbour based Championships. Read Afloat.ie's ICRA Runners and Riders event preview here.

Inis Mor is a 39–footer and a previous winner of the Round Ireland Race. 

Kilmore Quay RNLI attempted to keep the yacht afloat with pumps after it began to sink in ten–foot swells off the Saltee Islands.

Yesterday's Facebook post on social media from onboard confirmed Inis Mor's location on the south coast and her final destination but just hours later the yacht sank (below)  Screengrab: Marine Traffic

The Clyde–based yacht was was one of the biggest boats entered in the ICRA championships and was to compete at the three-day annual regatta starting on Thursday.

Afloat.ie sources say problems started when a toilet cracked on board and this led to the water ingress.