I stand corrected 625HP. (I was told it was 800) Still, a pretty powerful engine for an old style boat.... more than your average Scripps or Kermath.
I don't know who valued it over 1M. The cost may have been 3/4 million but it's not worth near that amount. Probably more wishful thinking out loud from those that spin the tale this is an original Ditchburn. It probably IS the most expensive way to build a boat though.
There is not one original piece of wood in that "Ditchburn". The original deck configuration has been changed and even the deck hardware is not original. Combine this with the modern power plant and you have a really, really nice replica with cool power built on the bones of an irreplaceable classic.
Sean Conroy,
1964 Formula Jr. (hull #2) project
1972 Greavette Sunflash III
1981 Kavalk Mistral project
"A man can accomplish anything... as long as he doesn't care who gets the credit."