Among the six teams vying for the oldest trophy in global sport in Bermuda this month, 26 crew members have competed in the Olympics, many winning medals in sailing and others in sports such as rowing and cycling.
The New Zealander had not only been at the receiving end of one of the most spectacular sporting comebacks in San Francisco, he was then dumped as skipper by Emirates Team New Zealand.
Three were thrown overboard but all of New Zealand's crew were accounted for.
The hulls were immersed and the towering "wing" sail tipped over them as it came to a halt.
New Zealand won the first race of the day, but suffered a shocking setback at the start of the second as their yacht pitched nose-first into the water.
Elsewhere, Artemis Racing, led by Briton Iain Percy, produced a remarkable turnaround by winning all three races to turn a 3-1 deficit into a 4-3 lead heading into the final day of racing.
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Host Russia were clearly the better side as they missed a handful of chances, but the three points was all that matters. Vargas then was awarded a goal in second-half stoppage-time that was initially nullified by referees on the field.
"We're absolutely stoked to be moving on after being down 3-1", Outteridge, an Australian, said shortly after steering his 50-foot foiling catamaran to a 13-second victory.
The crew members who remained in the capsized boat were stuck upside down while it was being towed to safety, CNN reported.
New Zealand were working through the night to fix the damage to the boat, which is worth around £7million, and will be praying for extra time to complete the job.
"It didn't go all our way in that race either, we had our own battles, but really happy to take it through to the next round", he said.
"We've had a great relationship with (Team USA) due to the fact that they provide us with our design and everything else", Barker said.
Team Japan attracted a penalty in the day's first race after crossing the start line a fraction too soon and could not bridge the gap. "I'm sure they'll recover from that and be out there tomorrow or the next day".