I have driven a boat very similar to this - 10'6" plywood racer with a small metal fin on the keel, and a car steering wheel. With a 25hp outboard it went like a scalded cat!
When I was a boy my father and I built a plywood canoe, with much help from my neighbour, a builder by trade. It was a wonderful and satisfying experience to complete the construction and put it in the water. I've liked wooden boats ever since.