A Wanaka man who sunk out of sight last night after falling off a yacht on Lake Wanaka is presumed dead.
Police search and rescue (SAR) officer Sergeant Aaron Nicholson said Trevor Lloyd Hawke set out sailing with an associate just after 6pm last night.
He said the 70-year-old fell out of the yacht while sailing in Roys Bay on Lake Wanaka, Otago.
"The yacht he was in lurched unexpectedly and Mr Hawke fell into the water. Mr Hawke's associate rounded the yacht a number of times to try to pick up Mr Hawke but unfortunately he could not make it back onto the vessel and was seen to sink under the water and out of sight."
The Wanaka Yacht Club holds a twilight race series each Thursday during summer, but last night's racing was understood to have been cancelled because of choppy lake conditions.