Friday 5pm: BATTERED by the waves, a racing yacht remains on the shores of Kings Beach near Byron Bay as the effort continues to salvage the vessel.
A day-long operation has ensued to remove the 60ft racing yacht from the beach. The low tide brought the boat into the shallows.
The multi-agency collaboration has been led by the Roads and Maritime Service with assistance from the Cape Byron Marine Park, police and Ballina Jet Boat Rescue.
Senior boating safety officer, Wayne Langshaw said its prime concern was to ensure the safe removal of any pollutants, such as the yacht's diesel fuel, entering the marine park.
But he said the salvaging operation was in the hands of the insurers.
Mr Langshaw said experts had arrived to remove the boat from the shore but he couldn't provide a timeframe as to when the boat would be removed.
He said the operation had been no easy feat with the walk-in-only access creating further difficulty in removing the large vessel.
It's understood the yacht and its crew were travelling to the Sunshine Coast for a race meet.
Friday 9am: A RACING yacht has run aground off the coast of Byron Bay as authorities and its owners work to find the best way to salvage the vessel.
Emergency services, including the Westpac Lifesaver Rescue Helicopter, rushed to Kings Beach after a mayday call was received about 2am.
The five people aboard the vessel managed to deploy a life boat and make their way uninjured to the shore of Kings Beach.
The Ballina Jet Rescue boat unsuccessfully tried to drag the yacht from the beach.
It is understood the yacht has competed in the Sydney to Hobart and was headed to a race on the Sunshine Coast.