Sydney to Hobart race

So the race is on and to everyone surprise and shock, Wild Thing, the favorite was denied entry... The reason was the paperwork was not filled out properly, sounds funny to me. But even with an offer to just sail the course and not race, Wild Thing was denied again. Since this 100 foot monster had just been updated and was looking to be the odds on favorite, the skipper and crew are in shock that they will be sitting on the sidelines for such a historic race.