A one-hour time penalty has seen Wild Oats XI stripped of her ninth line honours win in one of the greatest controversies of the 73-year-old Sydney to Hobart yacht race.
Jim Cooney's LDV Comanche will now be declared the line honours winner of the race after a protest against Wild Oats XI over a near collision was found to be valid.
It is understood Wild Oats XI will be awarded second place overall although this is yet to be confirmed.
Not since the disqualification of the American yacht Nirvana in 1983 has there been such drama affecting a winner.
That year the drama was played out on the Derwent River when Nirvana failed to give Condor sufficient sea room and she ran aground and was stuck on a yacht for five minutes.