Five Rescued After $8 Million 'Superyacht' Capsizes

A superyacht worth approximately $8 million sank after capsizing in the Chesapeake Bay near Washington, D.C. over the weekend, leading the dramatic rescue of five passengers who were forced to jump overboard.

The incident occurred about a half-mile offshore at the mouth of the West River, when the 122-foot Sanlorenzo motor yacht named "Lovebug" suddenly ran aground just after 12:30 p.m. on Saturday. The Lovebug, which docks at the nearby Annapolis Yacht Club and costs $125,000 per week to charter...