Yes, but you forgot this is a sailboat. On sailboats engines are auxiliary to the main propulsion system that is sail. A sailboat will be much safer in a storm with some sail, unless it is really high winds and hurricane force winds. Till 70/75k these boats can and should carry some sail in a storm. That will make roll a lot less severe and one of the big problems with these boats in severe weather and waves is just roll.
The winds were not too high (for this kind of boat) and the boat could be sailed and not be at the mercy of the sea without an engine. Unfortunately for a boat like this one an experienced captain is not enough: You need a big and very experienced crew. It seems that the crew was neither big enough or experienced.
“A lot of the people in our group are just regular guys and gals who like to dress up as pirates, but many of them have never really set foot on the deck of a ship at sea,” he said.
But off course, even if the boat could be sailed properly if it was taking more water than the one he could take out and the pups were failing due to an electrical problem there was not much they could do. It is clear that the electrical problem happened first. It is not clear if the engines failed due to water ingress, but it is a strong possibility because they had two engines and it would be odd that both get out of working order at the same time.
On Sunday evening, the Bounty's crew sent word that there was an electrical problem on board. Walbridge said the situation was under control and could wait until morning. The Coast Guard was notified and stayed in contact with the ship through the night.
But by early Monday, the Bounty was taking on water and its engines had failed. Around 4:30 a.m., the organization said, Walbridge ordered his crew to don survival suits and life preservers and abandon ship.
HMS Bounty: 'We will bring our captain home' :: WRAL.com
The only broach I heard talking about happened when they were trying to get to the life-rafts and at that time the boat was already flooded and its stability compromised.