Dragally:
I certainly never claimed that I was going to "spank" anyone, and I don't have a race boat, just a quick family boat. This coming weekend (July 28-29), there is going to be an informal jet boat rally on the Mississippi river at McGregor Iowa. I encourage all midwesterners to attend, jets, v-drives, and outboards. There should be plenty of time for some friendly drag racing, bench racing, and relaxing with cool beverages. Come on out, and if you beat me, I'll buy you a cold beverage. I'm not some big-mouthed a$$hole, I just enjoy some friendly hot rodding as much as the next guy.
If you really want to race that outboard seriously, you should consider entering it in the drags at New Athens, IL. (I think they race some time in Sept.)
Since you seem to have an interest in jet boats, you may also want to attend the Midwest Real Jet Boat Rally, at the Chain-0-Lakes. Be forewarned - the water gets pretty choppy there.
Steve.