2004 Formula 292 FASTech
$65,000
$69,000
Boat in Marina Del Rey, CA 90292 US
Built in 2004
292 FASTech
2 Engines (BPM Marine P, BPM Marine)
29.2 feet
Gas
Fiberglass/Reinforced
Introducing the stunning 2004 Formula 292 FASTech, a remarkable high-performance boat that combines sleek design with powerful engineering. With an overall length of 29.17 feet, this vessel features a robust fiberglass hull shaped in a deep Vee, ensuring exceptional stability and agility on the water. Equipped with two BPM Marine 400 ProCharge engines installed in August of 2025, each delivering an impressive 400 horsepower, this boat promises exhilarating speed and performance. The current owner has personally run the boat at 80+MPH!
The inboard/outboard configuration featuring an Extreme Advantage Imco stern drive, enhance maneuverability as well as ultimate performance, making this boat perfect for thrilling adventures on the water. A fully functional Hydrohoist is available to buyer as well.
Designed for comfort, the Formula includes a well-appointed head, providing convenience during longer outings. The attention to detail extends to the stainless steel 4-blade propellers, ensuring efficient propulsion and durability. Whether you're cruising with friends or seeking an adrenaline rush, the Formula 292 FASTech is the ultimate choice for those who appreciate quality and performance on the water.
This boat was repowered in August 2025 with less than 10 hours on new motors.
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 |
|---|---|---|
| 5/18/26 | Price decreased | $65,000(-5.8%) |
| 3/14/26 | Price decreased | $69,000(-8.0%) |
| 2/21/26 | Price decreased | $75,000(-11.8%) |
| 2/2/26 | Price decreased | $85,000(-10.5%) |
| 12/11/25 | Price decreased | $95,000(-17.4%) |
| 11/14/25 | Initial price | $115,000 |
2004 Formula 292 FASTech Video Tours
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.
Overview from around the web 2004 Formula 292 FASTech
Customers praise the 2004 Formula 292 FASTech for its impressive combination of speed, performance, and comfort
Many highlight the boat's sleek design and powerful engine, which deliver an exhilarating ride on the water. Owners also appreciate the spacious and well-appointed cockpit, making it ideal for both entertaining and relaxing. The quality craftsmanship and attention to detail are frequently noted, along with the boat's reliability and ease of handling. Overall, users report high satisfaction with the 2004 Formula 292 FASTech as a versatile and stylish sport cruiser.
The Biggest Pros and Cons
The 2004 Formula 292 FASTech is a stylish and performance-oriented sportboat designed for speed and comfort. Here are some pros and cons to consider:
Pros
High Performance: Equipped with powerful engines, the 292 FASTech delivers impressive speed and acceleration, making it ideal for thrill-seekers.
Sleek Design: The boat features a modern and aerodynamic hull design that enhances stability and handling at high speeds.
Comfortable Layout: With spacious seating and thoughtful amenities, it offers a comfortable ride for both driver and passengers.
Quality Construction: Built with advanced materials and attention to detail, ensuring durability and longevity.
Versatile Use: Suitable for day cruising, watersports, and entertaining guests.
Cons
Fuel Consumption: High-performance engines can lead to increased fuel usage compared to more economy-focused boats.
Limited Cabin Space: While comfortable for day trips, the cabin area may be compact for extended overnight stays.
Maintenance Costs: Advanced technology and powerful engines may require more specialized maintenance, potentially increasing upkeep expenses.
Price Point: Premium features and performance come with a higher initial investment.
Made For
The 2004 Formula 292 FASTech is designed for boating enthusiasts who seek a high-performance, stylish, and comfortable sport boat. It is ideal for those who enjoy water sports, day cruising, and entertaining guests on the water. With its sleek design and powerful engine options, the Formula 292 FASTech caters to individuals or families looking for a versatile and reliable boat that combines speed, agility, and luxury. Whether you're an experienced boater or someone looking to elevate your time on the water, this model offers the perfect balance of performance and comfort.
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 2004 Formula 292 FASTech | |||||
|---|---|---|---|---|---|
| $65,000 | $65,000 | $62,500 | $68,500 | $60,000 | $60,000 |
| Marina Del Rey | Marina Del Rey | Stockton | Stockton | Oceanside | Long Beach |
| 29' | - | 29' | 33' | 33' | 37' |
| 3' | - | - | - | - | - |
| BPM Marine P | BPM Marine 400 | Mercury Racing | MerCruiser | Mercruiser | Mercruiser |
| 400 hp | 400 hp | 400 hp | 375 hp | 250 hp | 375 hp |
| 196 | 108 | 252 | 91 | 368 | 118 |
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Meet the Broker
Address
Boat Location
Contact Seattle Yachts - Los Angeles about 2004 Formula 292 FASTech
13900 Marquesas Way, #6002, Marina Del Rey, CA, 90292
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