Why This Pegasus 800 Project Was Recycled at Wicor Marine

Published On: April 22nd, 2026By Categories: Portfolio, Scrap a Boat, Scrap a Yacht343 words1.7 min readLast Updated: May 11th, 2026
Picture 1: Why This Pegasus 800 Project Was Recycled at Wicor Marine

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Calling Time on a Classic: Pegasus 800 Recovery at Wicor Marine

Wicor Marine, situated in the upper reaches of Portsmouth Harbour at Portchester, is known for its eco-friendly approach and fantastic community of sailors. However, even in the best-managed yards, “project fatigue” can set in. Recently, the Boatbreakers team was called to Wicor to collect a Pegasus 800. A popular and quick cruiser-racer that had reached the end of its journey.

The Project Tipping Point

From the condition of the vessel, it was clear that this Pegasus 800 was an ongoing project that the owner had eventually decided to call time on. While these boats are known for their great performance, an aging project can quickly become a financial sinkhole.

The deciding factor in this case appeared to be the propulsion. Upon inspection of the items left on board, it was evident that the sail drive unit was in poor condition. For a boat of this age and value, the cost of sourcing and installing a replacement sail drive. Alongside the necessary engine work, often represents a “total loss” scenario. Rather than pouring thousands of pounds into a boat that might still require extensive cosmetic and structural work. The owner made the pragmatic decision to scrap her instead.

Swift and Professional Disposal

By choosing Boatbreakers, the owner avoided the stress of a “failed project” sale. Plus he stopped the clock on his yard storage fees. Our team arrived at Wicor Marine, coordinated with the yard staff for a professional lift, and loaded the Pegasus onto our transport.

Salvaging for the Future

Even though the sail drive was past its prime, we never let a boat go to waste. Our engineers will strip the remaining salvageable hardware, such as winches, and interior fittings, to support the circular marine economy. These parts will eventually find their way to other Pegasus owners looking to keep their own boats on the water.

Is your boat project at a standstill in Portchester or Gosport? Don’t let the storage fees mount up. Contact Boatbreakers for a professional, no-nonsense recycling quote today.

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Tags: boat disposal Portsmouth boatbreakers Pegasus 800 Portchester boat recycling project boat recovery. saildrive repair costs scrap my yacht Wicor Marina yacht salvage UK

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