Team Amer Sports One came close to disaster last night as they lost control of their overpowered yacht while charging towards two large icebergs right in front of them. When the yacht wiped out, they shredded the storm spinnaker. After righting the boat, Roger Nilson navigated them through a gap between the two bergs. This has given Tyco the opportunity to slip into second place.

The yachts are still extremely far from land, beyond any outside help. Cape Horn lies 1,450 miles ahead. Paul Cayard reckons, that the iceberg zone could be passed in 24 hours time.

With strong wind coming up from behind the whole fleet gained some miles on the leading yacht illbruck. SEB and Assa Abloy are still at 60 degrees south in very cold conditions. News Corp is back in full racing mode following her incident with an iceberg yesterday and achieved the highest average speed over the last six hours.

Position Report, Day 11, 0400 GMT

1 ILBK

2 TYCO (55 miles behind leader)

3 AONE (56 miles behind leader)

4 AART (104 miles behind leader)

5 DJCE (127 miles behind leader)

6 TSEB (190 miles behind leader)

7 NEWS (191 miles behind leader)

8 ATOO (390 miles behind leader)