A water ski handle system used with a personal water ski towing watercraft that includes a handle component that selectively attaches to a standard water ski handle and contains a manual control module. The control module includes directional control buttons, power ON and OFF buttons, and power Up and Down buttons. Coupled to the control module is a self-correcting propulsion and steering system that senses undesirable changes to the watercraft's motion caused by the water-skier when pulled by the watercraft. When a difference is detected, a command module located in the watercraft automatically controls the watercraft's propulsion and steering systems so the watercraft follows the desired path and velocity. The system also includes an auto-back tracking feature that automatically reduces power to the last known marked geographic point the skier was upright.