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Many years ago in the early years of T Class I remember the same question coming up. Certainly today the prices have almost doubled from a few years ago. Equipment is harder to find and expensive.
I remember BOOMER doing this. You would be near or at the back of the pack if you raced. But you may just want to have a lake toy that is a lot of fun and inexpensive.

SO hear is a suggestion.
Look for a larger V hull with a pad. A junk boat works. Your only interested in the bottom portion. Old Checkmates and Hydrostreams are harder to find but generally get good results. A good place to look is a boat salvage yard. Once those boats have been stripped of anything useful the bare hull is scraped. You cut the bottom out of the boat along with a foot or two of the sides. You want the center portion of the transom because your going to run a long shaft. You can angle down to the sides. You now have a 12 to 14 foot molded fiberglass V hull. You finish it off anyway you want. You don’t necessarily need a top deck. Of you could leave it open with a small console for the steering and controls.
70 hp OMC 49 long shafts are on the market and not that costly.

I got an email from a fellow that said this idea has been used in bath tub racing. They mount the tub inside the hull. They run tiller steering. At some events they dyno the motors to make sure the motors are equal in power.

A fellow went looking for a suitable hull at a boat salvage yard. There wasn’t anything that fit his project until he saw a hard bottom V hull inflatable boat. That hull was too large but he thought a smaller boat hull could work. Seems the smaller inflatable hulls just go to the dump so they’re difficult to find.

Just in the last month there have been a couple of delta project boats and a project Allison on the market. There were 3 very nice critchfields recently sold.
There are 3 VooDoo’s on the market and an Allison.
Six Mile Lake, Ontario is where most of these T boats are located.
There is an excellent network of T boat owners on that lake. Many boats change hands within the group before posting ads on Facebook or Kijiji.
Many people on Six Mile are on this site.
If you post on this site what you are looking for, that information will find its way through the network and you could get a lead on what you are after.
Asking prices have been very high the last few years, but most items have not sold at the higher prices or did sell after the seller reduced the price.
There is a common trend with T boat owners....they jump in....then they jump out a few years later...only to jump back in years later again