Ouch - can it really be saved?

[surveyor]

http://www.ebay.co.uk/itm/2010-SEALINE-T60-MOTOR-B...

To me it looks like it's dead.... Can that really be saved?

[surveyor]

schuey said:

It would be a big project,reading the article about it,it sat 110m down at the bottom of the Med for 6 months or so! It's about £100k overpriced.

linky?