Use external grade plywood (WPB), it will be way cheaper and easier to get.......B&Q, Wicks, etc
Also, the ply panel will be bonded together and then encased in fibreglass, so not open to the elements
Your engine bolts will be put through holes plugged with sikaflex, and the drain bung will also be sealed with either sikaflex, of drilled oversized, resin bonded, and then drill the correct size.