"… 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