2008 Formula 292 FASTech Boat in US

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Used
builtBuilt in 2008
Year the boat was built
model

292 FASTech

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engine

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length

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Overall boat length
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Hull material

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Formula 292 FASTech: BoatTEST Review

Reviewed by Jeff Hammond

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.

Rating: 4.3 out of 5

Overview from around the web 2008 Formula 292 FASTech

The 2008 Formula 292 FASTech has garnered a positive reputation among boat enthusiasts, particularly for its combination of performance, style, and attention to detail

Customers highlight the following aspects: 1. Performance: Many users appreciate the powerful engine options that provide exhilarating speed and responsiveness on the water. The handling is often described as precise, making it a thrilling ride for both experienced and novice drivers. 2. Design: The sleek, aerodynamic design of the FASTech series is frequently praised. Customers love the bold graphics and high-quality finish, which contribute to its eye-catching presence on the water. 3. Comfort: The interior layout is also a point of acclaim, with plush seating and ample storage. Owners note the comfort of the cockpit area, making it an ideal choice for long days out on the water with friends and family. 4. Build Quality: Reviewers often mention the exceptional craftsmanship that goes into each Formula boat. The use of premium materials and a durable construction gives owners confidence in the longevity of their investment. 5. Amenities: Features such as a spacious cabin, modern electronics, and convenient amenities add to the overall enjoyment of the 292 FASTech. Customers appreciate the balance between performance and comfort, making it suitable for various boating activities, from racing to leisurely cruises. Overall, the 2008 Formula 292 FASTech continues to impress with its dynamic performance and luxurious features, making it a sought-after vessel within the powerboat community.

The Biggest Pros and Cons

The 2008 Formula 292 FASTech is a striking high-performance powerboat known for its impressive blend of style, speed, and comfort. Here are some pros and cons regarding this model:

Pros

Performance: The FASTech series is renowned for its exhilarating performance. The 292 is equipped with powerful engines and a well-designed hull that provide exceptional speed and handling on the water.

Design and Aesthetics: Formula boats are known for their sleek and contemporary designs. The 292 features a stylish profile with eye-catching graphics and a well-appointed interior, making it a standout on the water.

Build Quality: Formula is respected for its superior craftsmanship. The 292 is constructed using high-quality materials and advanced manufacturing techniques, ensuring durability and longevity.

Comfort: Despite its performance orientation, the 292 FASTech offers a comfortable cabin and spacious seating area that allows for enjoyable day trips or overnight stays, catering to both thrill-seekers and families.

Ease of Handling: The hull design aids in handling, providing stability and responsiveness, which can be particularly advantageous for both novice and experienced boaters.

Resale Value: Formula boats tend to hold their value well over time, which can be a significant advantage if you decide to sell or upgrade in the future.

Cons

Fuel Consumption: Like many high-performance boats, the 292 FASTech can be fuel-hungry, especially when pushing the limits of speed. This may result in higher operating costs for the owner.

Storage Space: While the cabin is comfortable, space may be limited for prolonged stays or for carrying larger amounts of gear. This could be a consideration for those looking for more extensive accommodations.

Maintenance: The high-performance engines and systems may require more frequent maintenance and care, which can be more demanding compared to standard recreational boats.

Accessibility: The boat's performance-oriented design may not be ideal for all boating environments. It’s best suited for open waters, which might limit where you can comfortably operate the vessel.

Price Point: The initial investment for a Formula 292 FASTech can be considerable. While it holds its value well, the upfront cost may not be feasible for all potential buyers.

Made For

The 2008 Formula 292 FASTech is designed for those who seek an exhilarating boating experience combined with luxury and performance. Ideal for avid speed enthusiasts, this high-performance powerboat is perfect for adrenaline junkies looking to dominate the waterways while enjoying sleek, stylish design and advanced technology. Whether you're a seasoned boater or new to the world of performance boats, the 292 FASTech caters to anyone who appreciates the thrill of the open water. It's suited for weekend warriors wanting to take friends and family out for memorable day trips, or serious racers aiming to turn heads with its powerful performance on the water. With spacious seating and well-thought-out features, this boat offers a perfect blend of excitement and comfort for those ready to experience the ultimate in powerboating.

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The Image of Formula 292 FASTech 2008 - 02008 Formula 292 FASTech
PricePrice on request$26,000$29,995$34,900$44,500$46,700
LocationAikenChapinSaint ClairLake GeorgeDeale
Nominal Length-28'29'31'27'29'
Engine Make-Volvo PentaMercruiser-MercruiserMercruiser
Total Engine Power-280 hp700 hp--300 hp
Days on Market14202561112421
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