Back in the 70's Jerry Jacoby bought a 35 foot Cigarette Mistress that he named JJ's Joint. He entered a few local club races in Miami and liked racing, so he stepped up and started racing on the APBA circuit.
Long story short, he convinced Don Aronow into blocking the 39 foot mold and pulling a 37 foot 6 inch hull out. They then took a 36 foot race deck and cut the overhang off....the 36 was 9'4" and the 37.6 was 8' beam.
The first race was Argentina. The boat was called AJAC HAWK. Jerry owned a transmission parts business in NY, named AJAC TRANSMISSIONS. The AJAC was for his wife Arlene Jacoby.
This 37.6 boat later became known as the Cigarette Top Gun.
He then started an engine company with Bobby Saccenti as a partner called Hawk Power. He used the engines and a lot of other teams did also. The decals you see are part of that engine program promotion. Plus, if you won a race with a sponsor's decal on the boat, you qualified for extra prize money from the sponsor.