A US entrant in this year's Rolex Fastnet Race capsizsed near Fastnet Rock off the Cork coast earlier this evening, The Irish Times reports.

Further to our previous report, The Irish Times notes that 22 people were on board the Rambler 100, which overturned in force-five winds at around 6.30pm this evening.

The Department of Transport confirmed that all crew have been accounted for, with 16 sitting in the hull of the boat and the remainer on life rafts. 

Rambler 100 rounds the Fastnet Rock. Photo: Daniel Forster/Rolex

RNLI Baltimore's lifeboat and the Irish Coast Guard are currently attending. Coastguard helicopters have also been dispatched, with naval vessel LE Clara giving assistance. The rescue effort has been hampered by misty conditions in the area this evening.

Baltimore lifeboat at the scene of the capsized Rambler 100. Photo: Carlo Borlenghi/Rolex

Rambler 100 recently set a new world record for the almost 3,000-nautical mile transatlantic crossing from Newport, Rhode Island to Lizard Point in Cornwall with a time of 6 days, 22 hours, 8 minutes and 2 seconds.

In other Fastnet action, there was disaster in IRC Z this afternoon for co-skippers Karl Kwok and Jim Swartz’s Farr 80 Beau Geste (HKG).

The yacht suffered a ‘structural problem’ while mid-away across the Celtic Sea en route to the Rock. She has since turned her bow back towards Land’s End. 

Yesterday there was another high profile retirement when Johnny Vincent’s TP52 Pace (GBR) returned to her berth in the Hamble with mast problems. 

In the Class 40s John Harris’ GryphonSolo2 (USA) has also pulled out, retiring to Dartmouth with sail damage.

McConaghy Boats has appointed Ancasta International Boats Sales as the dealer for UK and Ireland. McConaghy's are arguably the world leading race boat manufacturer. They are seen as the standard setters for exquisite composite construction. Their list of achievements within racing yacht construction is unrivalled and Ancasta Group is delighted with this new partnership.

The initial focus of this new partnership is on the Ker 40; the Jason Ker Designed IRC racer. In addition to the Ker 40, Ancasta will also be promoting the McConaghy 38; an out and out lunatic machine that conforms to no rules and just goes fast upwind and downwind!

The Ker 40 is anticipated as being the next big step in IRC racing. It performs beautifully upwind whilst being exhilarating downwind. This fusion of TP52 inspired performance mixed with an ability to compete under IRC rating is a combination that offers something unique at a price which is very inclusive.

Nick Griffith MD of Ancasta commented: "We are all very excited about the Ker 40, the challenge under IRC has always been to produce a competitive boat under 50' that is also exciting to sail. I have been so impressed with Jason's efforts with the Ker 46 Tonnere and we see the 40 as the next step in that development. At last a full blown 40' race boat competing under IRC. Happy days indeed!"

Ancasta through its extensive network will be handling all the sales and marketing as well as providing the highest standard of after sales care and support. The first two Ker 40's coming to the UK will be based at Hamble Yacht Services in time for this seasons racing.