Yale Coach Says Committee Will Decide Outcome of Regatta

"… Yale was leading the varsity race in choppy conditions on the Thames River in Connecticut on Sunday when Harvard’s shell began taking on water and the Crimson crew had to be evacuated into launch boats.

Yale went on to finish the race, but was informed two hours later that because a judge had put up a red flag when the incident occurred, no winner would be declared." …

http://abcnews.go.com/Sports/wireStory/yale-coach-committee-decide-outcome-regatta-39826187

From what I’ve heard the Yale boat was better prepared for the conditions. Both teams understood what they were getting into and both had time to prepare (pumps etc)
I understand the need to keep people safe but races aren’t called off on account of a shell taking on water…just look at the British Henley from last year…those ladies kept rowing!