(CNN) -- The U.S. Coast Guard is searching for four crew members from a 38-foot sailing vessel that ran aground during a yacht race near San Francisco.
At least one person from the "Low Speed Chase" vessel died, and three have been rescued, Petty Officer 2nd Class Levi Read said. He said a total of eight people were on board.
Read said the boat ran aground during a race around the Farallon Islands on Saturday afternoon.
The three rescued crew members were retrieved from the Farallon Islands, according to the Yacht Racing Association of San Francisco Bay. The association said the accident happened during the 2012 Full Crew Farallones Race.
Late last month, the Coast Guard rescued racers taking part in an around-the-world contest when a giant wave damaged their yacht off the coast of San Francisco. The Geraldton Western Australia was on the sixth leg of an eight-leg, 11-month race when it was struck on March 31.