I think there are supposed to be 3 back-ups to prevent this. There's a lot of failure happening here. Pretty sure with the King Pine lift at Sugarloaf, a couple failed, but the operator was able to hit a manual stop (I'd have to look up exactly what happened, but that's the gist) and saved the day.
Actually, the gearbox that is in-between the electric motor and the bull wheel failed, so the first automatic "brake" which works on the shaft of that gearbox shaft had no effect on the spinning bull wheel.
The lift foreman was quick to see what was going on, and applied the back up brake, which is is a manual process. Pretty sure it's a caliper on the bull wheel, hydraulically set. That slowed it down and eventually brought it to a stop.
The third brake is very "old school". It's a huge pin that is supposed to drop into the bull wheel and stop it in it's tracks. Not sure if one of those has ever been used. I was told that it seemed like it would be real hard to see that pin drop into a spinning bullwheel.
The lift had been through a thorough inspection less than a week earlier, and they do a daily early AM run through. Freak deal.
The end result was that Boyne/Sugarloaf replaced the entire lower drive terminal, all of the sheaves, and I think the haul cable. Basically new lift. It's a workhorse. With the prior derailment of Spillway, and with the US Alpine Nationals about to start at that time, Sugarloaf was all over this one.
BTW, when these take off, it's a lot faster that it looks in video. Friends on the lift at Sugarloaf had to process what was going on. Then they realized they had to get off, and basically time the jump so it was not too close to the base, and not too high in the air. Luckily the lift has a shallow entry fairly close to the ground. I don't recall anybody that I knew weighing kicking off their skis. Things were moving fast and they were terrified. But it was moving slower than the one in this video.
One of the problems at Sugarloaf was that people who jumped were then in shock and staring at the lift and others rolling back....when ideally they would have quickly cleared back so others had room to cleanly jump off. The one in the video is very scary. The chairs are very close to the snow.
Seeing this video of people being tossed is terrifying.....