This motor had not spark to start off with the owner told us the flywheel dropped the magnet out of it. So it ruined the pick-up coil. replaced it and starts up fine but runs very high.... Throttle is closed. If I spray down around the base of the motor it slows down. <br />Could the base gasket have a leak ask be sucking air? Does this gasket also keep water out of the top end>? <br /><br />Back to the flywheel... We put the magnet back in. It is a 1 piece magnet. how would you know where to put it back in? Does mercury sell a magnet kit? Whne we turn thew motor over it seems it is out of time but does run. I believe the magnet could be moved be 1/2" or so and we could be knocking ourselves in the head trying to figure this out.>?<br /><br />Thanks in advance<br /><br />Mercuy 20hp Ser# 5409543