Had this same boat, got it from my dad. These things are tanks! I never weighed it, but four guys stranded by a descending tide could barely drag it, with driftwood rollers, on a down-slope beach to float it. Originally had a basic 35 Merc, no pwr tilt/trim. Totally inadequate - but your 8 mph suggests major constraints to the power potential of your Tracker. With 35 hp, mine was not easy to plane, and anything more than 3 people was no bueno. Didn't have gps back then, nor a speedo. But a time hack over a known distance worked out to 22 mph or so @WOT, if I recall correctly. I think placardedUpgraded to a Merc 45 ("Classic Fifty" 4-cyl.) with power trim/tilt. Game changer; easy 30 mph on gps - record 35 mph with just me and a few ounces of gas. Popped on plane with proper trim manipulation. Pack it full of people and still planed. Can't address your engine beyond the good advice already provided. Best of luck figuring it out.