Looks like it’s for a piece of shrapnel when the lower unit is breaking… lol jk but in all seriousness I would think that shouldn’t be there … I’ve never seen or had a hole like that on any of my outboards before
is there one in the other side?? Maybe it’s for speed?
I believe that’s your lower case drain hole. Just in case there is a small leak in your water pump seal or oil seal this will allow it to drain out. More important in areas where severe freezing takes place during winter.
Dont quote me on this but I believe this is what it is.
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