2004 Formula 292 FASTech Boat in Yorktown, VA 23692 US
Built in 2004
292 FASTech
2 Engines (2x Mercruiser)
29 feet
Gas
Fiberglass/Reinforced
- Formula Silver 2 Series Graphic- Daytona Beach
- Sunpad- Daytona Beach
- Blue Dash Panels
- Mechanical Trim Indicators
- Corsa Captain's Call Exhaust
- Fresh Water Engine Flush
- Latham External Hydraulic Steering
- Sound System w/Remote
- Head w/dockside Pumpout
- 3 Point Lifting Ring System
- CMI Stainless Steel Headers
- Garmin 12" GPS
- Cockpit Cover
Price History
| Date | Event | Price |
|---|---|---|
| 7/1/26 | Initial price | $68,900 |
2004 Formula 292 FASTech Video Tours
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.
Overview from around the web 2004 Formula 292 FASTech
Customers have praised the 2004 Formula 292 FASTech for its impressive performance, sleek design, and exceptional build quality
Many have highlighted the powerful engine options and smooth ride, making it a favorite for both leisure cruising and adrenaline-pumping adventures. Owners often rave about the spacious layout that accommodates friends and family, allowing for comfortable outings on the water. The high-quality materials used in both the interior and exterior have received significant acclaim, contributing to the boat's overall luxurious feel. Additionally, buyers appreciate the stunning graphics and contemporary aesthetics that ensure the 292 FASTech stands out in any marina. Overall, feedback often emphasizes the boat's reliability, versatility, and unforgettable experience on the water, solidifying its reputation as a top choice in the performance boating category.
The Biggest Pros and Cons
2004 Formula 292 FASTech Overview The 2004 Formula 292 FASTech is a stunning performance boat that encapsulates speed, style, and quality craftsmanship. Known for its striking design and powerful performance, this model has earned a loyal following among boating enthusiasts.
Pros
Performance-Oriented Design: The FASTech hull is engineered for high-speed cruising, ensuring stability and responsiveness in various water conditions. With powerful engine options, the 292 delivers impressive acceleration and top speeds.
Quality Craftsmanship: Formula is renowned for its commitment to quality, and the 292 is no exception. The construction features durable materials and meticulous attention to detail, ensuring longevity and reliability.
Comfortable Interior: Below deck, the 292 FASTech offers a functional cabin with comfortable seating and sleeping accommodations. It's designed for both day outings and overnight excursions, making it versatile for different boating experiences.
Stylish Aesthetics: The striking lines, sleek profile, and bold graphics make the 292 visually appealing. It stands out on the water, attracting attention wherever it goes.
High Resale Value: Formula boats are known for their strong resale value, making the 292 FASTech a good investment for those looking to buy a high-performance vessel.
Cons
Fuel Consumption: With its powerful engines, the 292 FASTech may not be the most fuel-efficient option on the market, which could result in higher operating costs for frequent use.
Limited Space: While the cabin is comfortable, the space may feel tight for larger groups. It's best suited for small to medium-sized parties rather than large gatherings.
Cost of Maintenance: The performance features and powerful engines require regular maintenance, which can be costly. Potential buyers should be prepared for this aspect of ownership.
Emphasizes Speed Over Relaxation: The emphasis on performance may mean that the boat doesn't prioritize some amenities that could enhance leisurely outings, such as extensive lounging areas.
Less Suitable for Rough Waters: While built for speed, the FASTech may not be the best choice for extremely rough waters, as it's designed for performance rather than maximizing comfort in adverse conditions. The 2004 Formula 292 FASTech is ideal for adrenaline seekers who appreciate high-performance boating and want a stylish vessel that stands the test of time. However, potential buyers should weigh the pros and cons based on their specific boating needs and preferences.
Made For
The 2004 Formula 292 FASTech is designed for boating enthusiasts who seek thrilling performance combined with luxurious comfort. This high-performance vessel caters to individuals and families who enjoy both speed and style on the water. Ideal for avid day cruisers, weekend adventurers, and watersport enthusiasts, the FASTech's sleek, aerodynamic design is perfect for those looking to make a statement on the waves. With a generous seating capacity and a well-appointed cockpit, the 292 FASTech is great for social gatherings and entertaining guests. It’s also equipped with impressive power and handling, making it suitable for experienced boaters who appreciate the thrill of high-speed excursions. Whether you're racing to your favorite spot or enjoying a leisurely day of cruising, this Formula model offers a blend of excitement and elegance, ensuring a memorable experience on the water.
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 2004 Formula 292 FASTech | |||||
|---|---|---|---|---|---|
| $68,900 | $69,000 | $75,000 | $59,000 | $39,900 | $39,000 |
| Yorktown | Norfolk | Lorton | Hampton | Norfolk | Chesapeake |
| 29' | 32' | 32' | 28' | 29' | 35' |
| 3' | - | - | - | - | - |
| Mercruiser | Volvo Penta | MerCruiser | Volvo | Mercruiser | - |
| 320 hp | 320 hp | - | 200 hp | 260 hp | - |
| 21 | 286 | 61 | 368 | 20 | 400 |
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Meet the Broker
Address
Boat Location
Contact Legasea Marine about 2004 Formula 292 FASTech
821 Railway Rd, Yorktown, VA, 23692
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