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Partly weight (would guess displacement is 30+% higher than the bigger Moody)and partly because it is not expected to sail, but to maintain maximum speed in all reasonable weather. Getting the first 5 knots is easy power wise, but maintaining 6+ against head seas etc requires more power. You would find lower power adequate in flat water and cruising speed but inadequate at higher speeds in adverse conditions.
Maybe that explains why i am always hours ahead of pure sailboats in big seas.(mine is 40hp Vs others around 20hp)