On Saturday, during the early runs at the Lake of the Ozarks Shootout, the new 46-foot SC Outerlimits catamaran owned and driven by Joel Begin and throttled by Mike Fiore—owner and founder of Outerlimits—flipped while running more than (estimated) 150 mph about three-quarters of the way down the course. After launching 50 to 60 feet in the air, the boat landed on the throttleman’s side of the canopy and came to rest right side up.

Fiore and Begin reportedly survived the crash, were extracted by the Shootout’s rescue crews and taken to University Hospital in Columbus, Mo. After being taken to the hospital as a precaution, Joel Begin was released. Mike Fiore remains in the hospital but is stable and responsive. The Outerlimits Family released this statement in a facebook post on Sunday:

“We would like to take this opportunity to thank all for the concern and overwhelming support.

While there have been many false and inaccurate reports regarding the medical conditions of Mike and Joel. We would like to let everyone know that Joel Begin has been released from the hospital and Mike Fiore is stable and responsive. We will release any new information when it’s available.

We ask that everyone please respect the privacy of the families and individuals involved.”

The OL Family

UPDATE 8/26: MIke Fiore developed complications during surgery and passed away due to his injuries. See here for more info.

PBN also thanks Matt and Jason from Speed on the Water for the collaboration during this stressful time.