2001 Crownline starting problems

by Tammy
(Cleveland, Mississippi)

I have a 2001 Crownline with a 250hp Mercruiser 5.7L Thunderbolt Ignition. When I turn the ignition switch to crank my boat, it cranks and soon as I let go of the key it goes dead and if I keep holding the key it stays running. I was wanting to know what might be causing this problem. Any help is appreciated.

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