The coast guard said the actual recovery was scheduled to begin on Saturday morning (Saturday evening AEST).
The mast had to be detached to allow the hull to be brought to a nearly upright position that would allow the craft to be surfaced, TMC Maritime said earlier this week.
British investigators said in an interim report issued last month that the yacht was knocked over by “extreme wind” and couldn’t recover.
The report stated that the Bayesian had chosen the site where it sank as shelter from forecast thunderstorms. Wind speeds exceeded 70 knots (130km/h) at the time of the sinking and “violently” knocked the vessel over to a 90-degree angle in under 15 seconds.
Lynch had been celebrating his recent acquittal on fraud charges with his family and the people who had defended him at trial.
