I have a 78 18' starcraft chieftain with a 140 Merc I/O. I was motoring at a pretty good clip with 4 adults and 2 kids in the boat when all of sudden the engine went clunk and we lost all forward thrust and the engine started to rev. I turned it off and open the engine compartment and it smelled like burning rubber and it was smoking. We waited for 10 min and started the engine again, and I put it into forward we started to move again and when I added a little more throttle it started to rev with no thrust again. That is when we got the spare outboard out and slowly made it back to the mainland. Can you help narrow down the problem? I am in Baja and not sure the ability to find parts and getting her going again. But I have to try, I got it all the way down here.
NB
NB

