Mark, two things that will cause you some trouble:
1.) the steering bar has to have a V-shape, otherwise the steering will not work correctly. The two fixing points of the steering rope have to be on the same axis as the steering shaft of the GTX (see red line in the following drawing):
2.) the SPEED 600 will be too heavy and too weak for this kind of hull. It will shift your center of gravity too far backwards because of it's high weight and won't have enough power to get your hull planing (floating freely). I'd strongly recommend the use of a 36 size BL motor.
By the way: what is the overall weight of your racer, including batteries, driver figure and RC?