2002 Formula 292 FASTech
$49,995
Boat in New Orleans, LA 70118 US
Built in 2002
292 FASTech
2 Engines (2x Mercruiser)
29.2 feet
Gas
Fiberglass/Reinforced
Call Matthew Chehardy for more information! 504-583-9009
2002 Formula Fastech 292
Turn heads on the water with this beautiful 2002 Formula Fastech 292 powered by twin 6.2L Mercury V8s! This boat is clean, powerful, and ready for summer fun. The motors have approximately 600 hours and run strong.
✅ Interior is in great shape
✅ Cabin is in immaculate condition
✅ Includes full boat cover
✅ Sitting on a very nice dual axle trailer - ready to tow anywhere
✅ Well cared for and water ready
This Formula delivers the perfect mix of performance, comfort, and style. Whether you're cruising the lake or making fast passes across the water, this boat does it all.
Financing available
Trade-ins welcome
Call Matthew Chehardy for more information! 504-583-9009
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 |
|---|---|---|
| 5/30/26 | Initial price | $49,995 |
Boattest.com Review
Overview
The Formula 292 represents a significant addition to Formula's Fastech lineup, marking the company's first twin-screw powered boat under 30 feet in nearly a decade. Designed to bridge the gap between the 271 and 312 Fastech hulls, the 292 combines advanced hull technology with twin 300 horsepower Mercruiser 350 Magnum MPI engines, delivering impressive performance and handling characteristics.
Exterior Design and Deck Features
At 29 feet 2 inches in length with an 8 foot 3 inch beam and a displacement of approximately 7,000 pounds, the 292 features a sleek needle-nose bow that ensures smooth re-entry even through large wakes. The aft deck comfortably accommodates three to four passengers on a spacious bench seat equipped with high-quality McLeod bolster upholstery, electrically adjustable seating, and deep molded footrests. Practical features include gel-coated storage bins free of raw fiberglass, sturdy grab rails for safety during high-speed maneuvers, and a motorized engine hatch that provides easy access to the engine compartment.
Interior Living Spaces
Below deck, the Formula 292 offers a well-appointed lounge area with ultra-leather seating supported by a stringer system for durability. The forward cabin includes a surprisingly spacious double bunk, complemented by a concealed portable head for convenience. Additional amenities include a small sink and cooler located aft, enhancing comfort and functionality for extended outings.
Power and Performance
Powered by twin Mercruiser 350 Magnum MPI engines rated at 300 horsepower each, the 292 delivers robust performance. The Fastech stepped hull design contributes significantly to its speed and stability, enabling the boat to accelerate from a standstill to planing in five seconds and reach a top speed of 70 miles per hour. While the stepped hull induces a brief bow rise upon acceleration, it provides excellent grip during turns and maintains composure in crosswinds, leaning gently into the breeze like a well-engineered deep V hull. The optimal cruising speed was found to be 34.4 miles per hour at 3,000 rpm, offering a range close to 200 miles.
Conclusion
The Formula 292 successfully reintroduces twin-engine power to Formula's sub-30-foot range, combining advanced hull technology, strong performance, and thoughtful comfort features. Its blend of speed, handling, and onboard amenities makes it a compelling choice for enthusiasts seeking a high-performance sport boat with practical accommodations.
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 2002 Formula 292 FASTech | |||||
|---|---|---|---|---|---|
| $49,995 | $48,000 | $53,995 | $54,995 | $58,500 | $35,995 |
| New Orleans | Madisonville | New Orleans | Marrero | Madisonville | Marrero |
| 29' | 32' | 26' | 25' | 29' | 26' |
| Mercruiser | MerCruiser | - | - | Mercruiser | - |
| 320 hp | 300 hp | - | - | 260 hp | - |
| 1 | 23 | 159 | 445 | 250 | 560 |
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Meet the Broker
Address
Boat Location
Contact The Boat Yard, Inc about 2002 Formula 292 FASTech
6440 Westbank Expy, New Orleans, LA, 70118
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