Garwood speedster. it has been said that the 16 foot gar wood speedster is, pound for pound, the most valuable classic production speed boat in the world.. Welcome to classic watercraft restoration. we run a fully equipped wooden boat restoration and custom small wood boat repair shop in maryland, catering to just the. Our first vintage race boat – a modified 1946 gar wood speedster. many years ago, while visiting on vacation during the summer of 1979, i read a jerry harper ad in.