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Driven by Bill Wurster, who first began driving hydroplane speed boats in 1972, the VALU-MART failed to qualify in the 1973 Gold Cup race in Tri-Cities, Washington. The 1973 Gold Cup race consisted of 15 boats. Two boats didn’t qualify during the race, the VALU-MART II and Redman Too. Hydroplane speed boat racing began in the 1920's, but gained popularity for a second wave when boats were upgraded with airplane machinery and parts after WWII. This trend continued after the Vietnam War and records continued to get broken by new advances in technology.
Williams, D. (2008). Hydroplane racing in the tri-cities. https://books.google.com/books?id=sqRIUVY1PrYC&pg=PA29&lpg=PA29&dq=valumart+1973&source=bl&ots=YIkao5evwY&sig=ACfU3U2-y511uCJ8Al4S041Owf11yFpSXw&hl=en&ppis=_c&sa=X&ved=2ahUKEwig0tbV5YnoAhXihHIEHYNUAxkQ6AEwA3oECAoQAQ#v=onepage&q=valumart%201973&f=false