1980 40HP Merc Leaking at Carb when stowed for towing

[RNcredentials]

Just got this boat, first time out ran great. Went to hook up today and noticed gas leaking out of the carb. Took off the fuel line & it's still leaking. Ran it in the driveway, no problem, when I tilted it up, it started leaking again.

 

[RNcredentials]

Here's the update: Turns out the float was full of gas, so the needle valve was always open. $25 for a gasket kit & new float, 3 hrs time, and she now runs like a champ. While I was at it I added a spin on fuel/water seperator.

Not too bad for a newbie, how did we get along without the internet.