Hopes of finding two missing Somerset sailors and their crew mates have all but faded tonight after their capsized yacht was discovered in the Atlantic.
The US coastguard said an unused life raft was found on board and they called off their search in the early hours of this morning.
Today the Prime Minister David Cameron said his thoughts were with the families.
Ken Goodwin reports:
The Prime Minister has said his thoughts are with families of the crew of the Cheeki Rafiki after the boat's upturned hull was found, with the life raft still in place.
Mr Cameron said: "My thoughts are with the families and friends of the crew of the Cheeki Rafiki after the sad news that its hull has been found with the life raft unused."
He added: "My sincere thanks to the US Coast Guard for leading the international search with great dedication - and to the US Navy, the Canadian authorities and to our own RAF C-130 aircraft who took part in it."
A spokesman for the World Cruising Club, which organises boat races around the world, has said the changes of finding the crew of the Cheeki Rafiki yacht are now "non-existent".
Jeremy Wyatt told the BBC: : "I think we have to be realistic and face facts that they're not in a raft and therefore the chances of finding anyone are non-existent now."
"In some ways it's a hard fact, but I think, after a week of searching, it's really the only conclusion you can safely draw," he added.
An RAF Hercules plane will no longer search for the missing Cheeki Rafiki yachtsmen today after the US Coast Guard discovered its life raft was still on board the capsized vessel, the Foreign Office said.
A US Navy warship helicopter crew located the overturned hull of the Cheeki Rafiki 1,000 miles offshore Massachusetts and within the US Coast Guard's search area, Friday.
The warship diverted to the location and deployed a boat crew and surface swimmer to assess the boat.
The surface swimmer confirmed the name on the ship was Cheeki Rafiki and went in the water to investigate further. The swimmer determined the boat's cabin was flooded and windows were shattered, contributing to the complete flooding inside.
– US Coastguard statement
The U.S. Coast Guard made an announcement that search operations would be suspended at midnight Friday unless new information or sightings suggested the crew would still be alive. None of the current developments indicate that to be the case.
The US Coastguard has says nothing has changed at this point in terms of their intentions to scale down the operation at 5am UK time. A friend of the families of the crew has said they have been at a meeting at the Foreign Office tonight and are aware of the news.
The US Coast Guard reportedly said it has found the hull of the missing Cheeki Rafiki yacht in the North Atlantic Ocean.
The families of two Somerset sailors missing in the Atlantic say they haven't given up hope their loved ones will be found, despite being told the US Coastguard search will end tomorrow morning.
Steve Warren and Paul Goslin were on board the Cheeki Rafiki with two other men when contact was lost a week ago. Their families have been meeting with the Foreign Office today. Clare Forestier has the story.
The Foreign Office have released a statement this lunchtime from the families of the four missing British sailors including two from Somerset. The statement thanks people for their support and says the families will be meeting with the Foreign Office to talk about UK involvement in searches.
The families of James Male, Andrew Bridge, Paul Goslin and Steve Warren still hold out much hope that their loved ones will be found soon. They have received so much support from the public and the yachting community, hearing endless stories of people that have survived many weeks and months in different circumstances at sea and have drawn much strength from this.
They were obviously saddened to hear that the US Coast Guard will be suspending the search. But, they were prepared for the fact that this would have to happen.
– Family Statement, Foreign Office
They are meeting with the Foreign Office later on today, to talk about UK involvement and any other avenues that can be explored.
Having spent the week getting to know each other better, along with hearing the endless accounts of survivors, the families are reassured that their men would work as an efficient and cohesive team. This gives them additional hope that they will still be found, as the US Coast Guard have found no evidence to the contrary.