1991 Formula 311 SR-1 Boat in Michigan City, IN 46360 US
311 SR-1
2 Engines (2x Eagle)
31 feet
Gas
Fiberglass/Reinforced
1991 Formula F-311 SR1 - Brokerage Boat #JA-TB-91
Twin 380 HP Eagle Power • Freshwater Boat • Custom Trailer • Classic High-Performance Formula
Turn heads at the dock and on the water with this exceptionally clean 1991 Formula F-311 SR1, now available through B & E Marine. This classic high-performance Formula has spent its life in freshwater and remains in outstanding condition for its age, combining timeless offshore styling with serious performance and desirable upgrades.
Powered by Twin Eagle 8.1L 502 CID Mercury Bravo 1 Stern Drives rated at 380 HP each, this Formula delivers exhilarating acceleration, impressive top-end speed, and the legendary ride quality Formula performance boats are known for. The engines reportedly have only 180 hours since replacement and feature extensive updates including new Holley carburetors, calibration work, and new exhaust manifolds. A new battery charger was installed in 2021, and the boat also includes a 2024 survey for added buyer confidence.
Finished with a clean white hull and custom Imron graphics, this F-311 SR1 has the unmistakable look of a classic offshore performance boat. The included 1991 Eagle custom painted tri-axle trailer with surge brakes and electric winch makes transporting and storing this boat simple and convenient.
Whether you're running the Chicago lakefront, cruising Lake Michigan, attending poker runs, or collecting classic performance boats, this Formula offers a rare opportunity to own a well-kept freshwater example of one of Formula's iconic performance models.
Specifications
- Length Overall: 31'
- Beam: 8'4"
- Fuel Capacity: 150 Gallons
- Fresh Water Capacity: 12 Gallons
- Holding Tank Capacity: 5 Gallons
Features & Equipment
- Twin Eagle 8.1L / 502 CID Mercury Bravo 1 Stern Drives (Twin 380 HP)
- Approximately 180 Hours on Replacement Engines
- New Holley Carburetors
- Engine Calibration Updates
- New Exhaust Manifolds
- 2024 Survey
- 1991 Eagle Custom Painted Tri-Axle Trailer
- Surge Brakes
- Electric Winch
- Cockpit Cover
- Convertible Top
- Carbon Monoxide Detection System
- Swim Platform
- Spare Props
- Dual Battery Switch
- Porta Potti with Pumpout
- Pressure Water System
- Refrigerator / Freezer
- Speedometer, Depth Finder & Hour Meter Gauges
- VHF Radio
- Trim Tabs
- Stereo System with CD Player
- Single 30 AMP Shore Power
- Safety Gear Included
- Drive showers
The Formula F-311 SR1 is widely respected for its deep-V offshore hull, aggressive styling, and high-performance handling characteristics. Clean freshwater examples like this are becoming increasingly difficult to find, especially with upgraded power and a matching custom trailer.
If you are searching for a classic Formula performance boat for sale near Chicago, a freshwater offshore performance boat in Northern Indiana, or a collectible high-performance cruiser for Lake Michigan boating, this 1991 Formula F-311 SR1 deserves serious attention.
Contact B & E Marine today for pricing, availability, and additional details on this rare brokerage Formula performance boat.
B & E Marine is celebrating 73 years of serving the boating community on the Southern Tip of Lake Michigan. B & E is only 38 Miles from Chicago and offers complete Marine Service, Accessories, Mercury Parts, Gas Dock, Slips and Heated & Cold Storage. B & E Marine is a dealer for Sea Ray, Navan, Boston Whaler, Yamaha Jet Boats, and offers a large selection of Used & Brokerage Boats.
Disclaimer: The information provided about this boat may not be accurate, or up to date. It is recommended that you confirm the information with one of our sales consultants, or refer to the manufacturer for accurate information regarding options, specifications and technical data on this boat. Any decisions made based on the information provided are at your own risk.
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
Price History
| Date | Event | Price |
|---|---|---|
| 5/24/26 | Initial price | $35,900 |
1991 Formula 311 SR-1 Video Tours
Overview from around the web 1991 Formula 311 SR-1
The 1991 Formula 311 SR-1 has garnered positive reviews from boating enthusiasts and owners who appreciate its impressive blend of performance and quality
Customers frequently highlight the boat's sleek design and attention to detail, which exudes a sporty yet elegant aesthetic on the water. Performance is a recurring theme in customer feedback. Many owners praise the 311 SR-1 for its powerful engines and smooth handling, making it a thrilling choice for both relaxed cruising and adrenaline-fueled outings. The boat's impressive speed capabilities often leave an exhilarating impression, with users commenting on the responsiveness and agility during maneuvers. Another aspect that stands out in reviews is the comfort and spaciousness of the interior. Customers appreciate the well-appointed cabin and cockpit areas, offering ample seating and amenities for entertaining guests or enjoying a day on the water. The quality of materials used in the construction is noted as a key feature, with many users feeling that the build quality has stood the test of time. Overall, the 1991 Formula 311 SR-1 receives accolades for its combination of style, performance, and comfort, making it a beloved choice among boating aficionados who seek a reliable and high-performing vessel.
The Biggest Pros and Cons
Pros
Performance: The 1991 Formula 311 SR-1 is renowned for its impressive speed capabilities, boasting powerful engines that deliver thrilling acceleration and responsiveness on the water.
Design: With its sleek, aerodynamic lines and striking styling, the Formula 311 SR-1 is not only functional but also visually stunning, making a bold statement wherever it goes.
Build Quality: Formula boats are known for their robust construction and high-quality materials. The 311 SR-1 is no exception, offering durability and longevity, making it a reliable choice for boating enthusiasts.
Comfort: The interior layout of the 311 SR-1 is thoughtfully designed to provide both comfort and functionality. With spacious seating arrangements and amenities for relaxation, it enhances the overall boating experience.
Handling: Its advanced hull design contributes to superior handling and stability, allowing for a smooth ride even in choppy waters, making it suitable for both leisurely cruises and high-speed adventures.
Versatility: The 311 SR-1 is versatile, perfect for both daytime fun and night-time gatherings on the water, ensuring it meets various recreational needs.
Cons
Fuel Consumption: With its powerful engines, the 311 SR-1 can be less fuel-efficient, which might be a consideration for those looking to keep operating costs low.
Maintenance: The performance aspects of the boat may require more frequent maintenance and care, especially if used regularly for high-speed activities.
Storage Space: While the design emphasizes performance, the storage capacity may be limited compared to larger vessels, which could affect long trips that require more supplies.
Initial Cost: As a high-performance boat, the 311 SR-1 can have a higher initial purchase price, which might not align with the budget of every potential buyer.
Seating Capacity: Depending on the configuration, the seating capacity of the 311 SR-1 may not accommodate larger groups, making it less ideal for parties or larger family outings.
Winterization: For owners in colder climates, winterizing the boat can be more complex due to its advanced systems, requiring additional time and care to ensure it stays in optimal condition during off-seasons.
Made For
The 1991 Formula 311 SR-1 is designed for the avid boating enthusiast who seeks a perfect blend of performance and style. Ideal for those who appreciate high-speed thrills and luxurious comfort on the water, this sleek vessel appeals to both casual cruisers and serious racers alike. Whether you're entertaining guests on a weekend getaway or pushing the limits in a competitive environment, the Formula 311 SR-1 offers an exhilarating experience with its powerful twin-engine configuration and cutting-edge engineering. Equipped with spacious seating, high-quality materials, and an open cockpit layout, it caters to families and friends looking for memorable outings on the water. Its eye-catching design and impressive performance make it a statement piece that stands out in any marina. In essence, the 1991 Formula 311 SR-1 is for those who demand more than just a boat; it's for those who seek an adventure and a lifestyle on the waves.
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1991 Formula 311 SR-1 | |||||
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| $35,900 | $39,500 | $22,900 | $49,995 | $19,995 | $16,500 |
| Michigan City | La Porte | Jeffersonville | La Porte | Evansville | La Porte |
| 31' | 27' | 27' | 33' | 25' | 28' |
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| 380 hp | - | 310 hp | - | 310 hp | - |
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Meet the Broker

Address
Boat Location
Contact B & E Marine, Inc. about 1991 Formula 311 SR-1
31 Lake Shore Drive, Michigan City, IN, 46360


























