I think is the man overboard which has a lanyard it does same thing. I just tried again to make sure
I'm thinking you may have just found your problem. Won't get to excited yet, but a man overboard safety switch should kill the motor, and the only way to do that is remove power to the coil (in most cases). I'm a Merc guy and not VP, but this is pretty simple stuff to do, so thinking they would do it about the same.
Go to the key switch and turn key to ON, then measure the purple wire and check for 12V. If its there, see if you have on the gauges (maybe just look at the gauges to see if they wake up). Here is Merc design, VP may do it after the gauges. This pic does not show the overboard switch, but it breaks the purple wire. SO if you don't have 12V at the gauges, bypass it
