THE Sydney to Hobart yacht race's official media centre has reported C.ex Dolce "in port."
Repairs are expected to be carried out at Huskisson Dockyard.
The C.ex Dolce crew were dropping the spinnaker at about 9pm on Saturday night in preparation for the approaching southerly change when it hit the water stopping the Inglis 47 in her tracks.
The crew was unable was to release the sail before it brought the mast down.
The crew then worked for more than 30 minutes to cut the mast loose in what were then rough conditions after the change had arrived.
"After a lot of time and efoort put into preparing for the race, it is very disappointing for us us to finish this way," C.ex Dolce skipper Pierre Gal said.
"We were going very well at the time and were about to execute tactics for the next stage of the race with the weather change approaching."
THE SYDNEY To Hobart adventure is over for C.ex Dolce.
Skipper Pierre Gal and his crew representing Coffs Harbour Yacht Club became the seventh withdrawal from the race around 6.30pm on Saturday.
The boat was dismasted after running into the same squally winds and rough seas along the South Coast of NSW that shredded the sails of race favourite Wild Oats XI.
There were initial fears that some on board the Coffs Harbour boat may have been injured.
However, crew have since messaged that "no one (is) badly hurt and spirits are okay."
C.ex Dolce arrived in Jervis Bay at 5.34am Sunday and advised the Cruising Yacht Club of Australia all crew members are safe.
The boat is presently back at sea and limping toward Sydney.