Stonedpirate,
Believe you have just joined the Top Hat site
www.tophatyachts.com/You will find all the necessary info on that site.
This subject has been much discussed.
"benzo said: 6-10 hp would be fine, but it would really help if you could find something with a high thrust prop (for a low speed boat)"
You will find that this is about right.
Better to get a 4 stroke engine [less fuel used and quieter] than a 2 stroke.
Oh, and remember Top Hats are driven by their foresails, so make sure they are in good condition.