Likely a weld issue that propagated. Very familiar with the ride and it doesn't matter that it's one of the biggest/tallest whatever, this particular company doesn't push G-forces like some others, regardless of ride size, so it's no worse than a much smaller ride in terms of forces on the structure. A ride 100ft tall can exceed the forces on a 400ft ride, and they do.
The manufacturer also have impeccable safety and reliability within the industry. Literally, top notch in the design/engineering (and you pay for it). The size of the ride has nothing to do with this failure... It's unlikely to be a design error. They know the forces on every foot of track during the design resulting from full trains, plus safety margins, and apply those loads to the structural design, footings, etc...
Rides require repair/weld all the time as general upkeep. This ride is now 8 years old, running hundreds of cycles per day in that time. Likely a flaw that was not detected and repaired early on that just fully failed in time. Rumors that maintenance budgets within the park chain have run maintenance crews thin, and perhaps, was missed on any visual inspection performed. This particular support column is right over entrance walkways into the park, very clearly seen and inspected (if it was).
Many rides, new and old, have required weld repairs and structural upkeep over time. It is not unusual, at all.
I contacted an old work friend, who worked maintenance at an amusement park I also worked at as a teenager... I asked about the inspections they performed on the steel coasters at that particular park. He confirmed in the spring, they would sub out the full structural visual inspection to a company. They would climb all over the structure looking for issues/defects before the state signed off for the season. Day-to-day, they did not do this level of inspection on the ride structure. More-so just on the ride vehicles, lift chain, booster wheels and other mechanical wear/tear items.
At the end of the day, I think this was likely just flawed weld that took eight years to fail, propagate and give out. But, this probably should have been found much sooner. There are rumors that this failure was seen on photos a week prior of the same column, but was not reported or noticed by park maintenance. But the source is not clear on that one.
That being said, given that the support is fully broke... The lack of structural sway on the track is impressive, likely due to the tall track spine (they vary the height to increase the moment of inertia on the track, for high stress areas). It moves, sure, but given that there is quite a span between the good supports... Thing looks solid.
Not sure if this is fake or not, but looks like some plastic wrap was applied??!!
(image removed - rules violation; Mod)
It was placed after the fact to keep moisture/birds/whatever out of the column. It was not put there as any type of repair, obviously.