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. California ski/race boat: semi-v hull design, 3 blade prop, trim tabs with controls on the steeling wheel; 502 blown chevrolet engine with a v-drive.