Wreckage of the sunken sailboat "Daisy" were found outside the Golden Gate Bridge yesterday. It was found on the bottom, about 60' deep. Apparently among other things the boat had been dismasted, although it's impossible to tell at what point that occurred. What I found astounding was the response of the organizers of the race in which the boat was sailing. According to today's S.F. Chronicle, "Regatta officials for the Island Yacht Club of Alameda, which sponsored the event to raise money for cerebral palsy, said they had no duty to alert the Coast Guard, even though more than two hours had past since the last boat to complete the race had crossed the finish line near Marina Green at 2:45 p.m." What this fails to really emphasize is that not only was the boat inexplicably late, but the race organizers had tried to hail Daisy on vhf repeatedly with no response.My question is whether this is the norm - the failure to notify the Coast Guard until it is too late. Had the Coast Guard been notified earlier that there was no response, I think it's possible that the sailors might have survived since as it was, the CG didn't get notified until nearly dark. I know that if I were a member of the Island Yacht Club, and if there were no better explanation than what was given above, I'd be resigning in protest.