Because the most updated news on a google news search says it is sunk. [1]. The primary source also says it sunk.

I'm not going to go back and forth reverting since a) it is bad form and against the rules and b) all recent sources (including SSCS and press) says the boat went down. I'm going to screw around for he next 10 hours or so and after that when even more press says it sunk then I will change it back. Wikipeida isn't for news updates anyways.Cptnono (talk) 12:40, 8 January 2010 (UTC)[reply]

and Channel 9 News Sydney.Cptnono (talk) 12:48, 8 January 2010 (UTC)[reply]

You have been blocked from editing for a period of 24 hours to prevent further disruption caused by your engagement in an edit war at Earthrace. During a dispute, you should first try to discuss controversial changes and seek consensus. If that proves unsuccessful you are encouraged to seek dispute resolution, and in some cases it may be appropriate to request page protection. If you believe this block is unjustified, you may contest the block by adding the text {{unblock|your reason here}} below. -MBK₀₀₄ 12:45, 8 January 2010 (UTC)[reply]

And as a side note, I didn't make the request to block and would support lifting it since the IP did attempt to discuss it on my user talk page. The IP should be reminded of edit warring guidelines (up above) and see the talk page next time. New editor. Easy mistake. Confusion in references. No problem.Cptnono (talk) 12:55, 8 January 2010 (UTC)[reply]