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2003 Formula 292 FasTech Sold Boat in Toms River, NJ 08753 US
Built in 2003
292 FasTech
1 Engine (Mercruiser)
29.2 feet
Gas
Fiberglass/Reinforced
Other Formula boats for sale in New Jersey, United States
FOR SALE We have a mint 2003 Formula 292 Fastec w twin 2017-18 Mercruiser 383 strokers ( brand new from Merc ) on a triple axle 10k gvwr 2008 Nextrail aluminum trailer. Risers and manifolds done winter 2022, new seawater pumps, drives removed, inspected and serviced fall 2023 and the toilet is still wrapped in plastic ( never used ). 735 hours on the hull 300 hours on the motors. This vessel spent her winters in a climate controlled garage and summers on a lift. BRING YOUR SURVEYOR/MECHANIC AS YOU WILL NOT FIND ONE NICER OR BETTER KEPT...first serious buyer to see it will buy it !!
Formula 292 FasTech: BoatTEST 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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Other Information about Marine Unlimited
MARINE UNLIMITED now has three locations to better serve our clients. Our facilities are designed to allow us to expedite complete turnkey services. Our staff has a combined 75 plus years of experience in the Offshore Hi Performance and Sport Cruiser Power Boating industry. We are on call 24/7/365. You call we answer and respond.
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Contact Marine Unlimited about 2003 Formula 292 FasTech
120 Kettle Creek Road, Toms River, NJ, 08753
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