Wild Thing saga gets nasty as owner pays out on “Wharo” in court

Daily Telegraph. By Brenden Hills:

IT WAS the high-profile sailing partnership that promised a return to the glory days of its maiden win in the Sydney to Hobart Yacht race.

But the team behind the drama-plagued 100-footer Wild Thing has imploded in a mire of bankruptcy, financial disputes and accusations of incompetence that famously saw the vessel disqualified just three hours before the start of the 2012 race.

The boat’s skipper Grant Wharington has been bankrupted following a disastrous property project in Victoria and has fallen out royally with the boat’s alleged owner David Price over finances and the failures of Wild Thing.

Mr Wharington’s affairs are now being scrutinised by bankruptcy trustee Pitcher Partners and Mr Price ­appeared as a witness at his bankruptcy examination in the Federal Court of Australia on Wednesday.

Under questioning by ­lawyer Innis Cull, Mr Price blamed Mr Wharington for the team being disqualified from the 2012 race, which he believes Wild Thing would have won.

Continue reading here.

Jeanneau JY55
Selden Asymetric Rib Technology
West Systems
Selden Asymetric Rib Technology
Cyclops Marine