An outboard pod would make sense and was my first thought but I wasn't sure. Here is another picture of the delamination that was on both bows:

http://fastsail.com/Exocet/DSCN1358.JPG

The boat does have a valid registration sticker, but no way am I looking for a project boat! I was just impressed with the high aspect rig and the design. Still no takers on who built or designed it?