Bob Smith loved cars and boats. The faster the better. He spent his leisure time racing power boats off shore during his 20’s and 30’s. Bob won the first Lake Taupo power boat race with Miss Plylite IV in February 1965, The boat was powered by twin six cylinder Mercury outboards. He later powered the 18 foot boat with a 600 hp Chevrolet and renamed her Bullitt. There were 4 Bullitts - one holding the Inter-Island Trophy. Bob raced for 10 years, giving up in 1976 when he moved from Wellington to Taupo to start Lakeland Marine. During winter months, Bob and staff built Lakmar boats using kevlar and divinycell materials for hull strength and speed. The last boat he built for himself in 1985. A 31 foot cigarette hull design, powered with 2 Mercury 200hp motors, powering the boat to reach a speed of 65mph. The Lakmar is still in top performance and can be seen in the showroom today. Health issues restricted Bob from boating in recent years but his boating passion remained constant. He was managing director of the business until his death in August 2013.