Intro:

Team Vestas Wind is 'exploring the opportunity' of re-entering the Volvo Ocean Race with a new boat just over a week after their Volvo Ocean 65 ran into a reef in the Indian Ocean.

Script:

Their boat ran into a reef last weekend, it now lies grounded in the Indian Ocean. It's fair to say things have not gone to plan for Team Vestas Wind in the Volvo Ocean Race. The crew are all safe and so thoughts now turn to the boat and if there is any chance they can return.

SOUNDBITE (English) Morten Albaek, Team Vestas Wind CEO:

"It is Vestas' clear ambition to get Team Vestas Wind out sailing again. We'll do everything within our means to make that happen. That said, the assessment from all parties is that the boat can't be repaired, and therefore one of the options we're looking into is building a new boat. Whether that can be done, and done in a time which is meaningful for the team and for Vestas to re-enter the race, is still to be concluded. We're working closely together with Volvo Ocean Race on exploring that opportunity."