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This boat was built in Williamstown Victoria by a gentleman named Tommy Watts.
Story goes he signed a deal with Mobil in 1964 to buy fuel at 8cents a gallon for the next 10 years and when the fuel price went up to 27cents a gallon in the early 70's Tommy went laughing all the way to the bank and set about building this hydroplane.
Good to see you are not underwater. Engine would be from a Meteor, Vampire or a Venom by the looks.
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