If you are watching on a computer, set it to 'full screen' and then click on the pause button every half second or so.
There is an excellent clip at -0.09 when both crew are airborne, far from the boat, yet the cat is still sailing perfectly up on it's foils.
It looks like the helmsman never let go of the extension tiller, even when he was catapulted into orbit, hence he caused the boat to bear off sharply and then they pitch poled.
I am thinking that if he had let go of the tiller earlier, they would have probably rounded up into the wind?