A GB is considered a semi planning hull. With more horsepower you can get them to semi-plane along with a lot more fuel consumption. The old 1.3 times the waterline length was never a scientific formula. Sort of like the definition of a good investment is one that turns out that way.
"The informal use of the term
formula in
science refers to the general construct of a relationship between given quantities."
Actually it is scientific, based on wave theory. The formula: Max theoretical hull speed=1.34x√LWL calculates, for a hull in displacement mode, the speed at which the second wave starts to move past the stern of the boat.
As the boat accelerates, the bow wave increases in size. As the boat speeds up, the wave height created by the boat increases in size, so does the wave period. This will continue until the bow is supported by the bow wave, and the second wave supports the stern. Any faster and the boat's stern is no longer supported by the second wave. The boat then starts squatting and the boat tries to go uphill.
Yes, with certain design elements (IE planing or semi planing), enough horsepower to go up and over the bow wave, or under surfing condition, you can go faster.