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2019 Formula 292 FASTech Sold Boat in Lake In The Hills, IL 60156 US

$149,995

Used
We will let you know when another 2019 Formula 292 FASTech is available in Lake In The Hills, IL
builtBuilt in 2019
Year the boat was built
model

292 FASTech

Boat model
engine

2 Engines (2x Mercury Mercruiser)

Engine type and count
length

29.2 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 292 FASTech 2019 - 02019 Formula 292 FASTech
Price$149,995$159,995$134,980
LocationLake In The HillsLake In The HillsLake In The Hills
Nominal Length29'42'50'
Draft3'--
Engine MakeMercury MercruiserMercury / Progress RacingMercury Racing
Total Engine Power350 hp--
Days on Market32567386
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Other Formula 292 FASTech boats for sale in Illinois, United States

Nominal Length
29.17ft
Length Overall
29.17ft
Beam
8.25ft
Max Bridge Clearance
4.92ft
Max Draft
2.75ft
Cabin Headroom
4.42ft
Deadrise At Transom
24deg
Dry Weight
7000lb
Fresh Water Tanks
19gal
Fuel Tanks
113gal
Holding Tanks
2.6gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercury Mercruiser
Engine Model
6.2L 350 Bravo
Total Power
350hp
Engine Hours
107
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Engine 2
Engine Make
Mercury Mercruiser
Engine Model
6.2L 350 Bravo
Total Power
350hp
Engine Hours
108
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Disclaimer

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

DateEventPrice
1/5/26Price decreased$149,995(-6.3%)
10/23/25Initial price$159,995

Contact Grand Sport Center Inc.

1530 Industrial Drive, Lake in the Hills, IL, 60156

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 2019 Formula 292 FASTech

Customers praise the 2019 Formula 292 FASTech for its exceptional performance and sleek design

Many highlight its impressive speed and agility on the water, thanks to the advanced FASTech hull that delivers a smooth, stable ride even in choppy conditions. Owners appreciate the spacious cockpit layout, which offers ample seating and comfort for family and friends. The boat's high-quality craftsmanship and attention to detail are frequently mentioned, along with its reliable and powerful engine options. Overall, customers find the 2019 Formula 292 FASTech to be a versatile and enjoyable sportboat that combines style, speed, and functionality.

The Biggest Pros and Cons

The 2019 Formula 292 FASTech offers a blend of high performance and luxury, making it a standout choice for boating enthusiasts. Here are some pros and cons to consider:

Pros

High Performance: Powered by twin outboard engines, the 292 FASTech delivers impressive speed and agility on the water.

Lightweight Construction: Utilizing advanced FASTech technology, the hull is both lightweight and strong, enhancing fuel efficiency and handling.

Spacious Layout: The design includes ample seating and a well-thought-out cockpit, providing comfort for family and friends.

Modern Amenities: Features such as a wet bar, entertainment system, and a private head compartment add convenience and luxury.

Versatility: Suitable for a variety of activities including cruising, watersports, and day trips.

Cons

Limited Cabin Space: While comfortable for day use, the cabin area may feel compact for extended overnight stays.

Higher Price Point: The advanced technology and premium features come with a cost that may be above average for some buyers.

Maintenance: Twin outboard engines can require more upkeep compared to single-engine setups.

Storage: Although designed efficiently, storage space may be limited for longer voyages or extensive gear.

Made For

The 2019 Formula 292 FASTech is designed for boating enthusiasts who crave high-performance speed combined with sleek style and advanced technology. It’s ideal for those seeking a powerful and agile sport boat that delivers thrilling rides, whether for day cruising, watersports, or entertaining friends and family on the water. With its innovative FASTech hull design, this boat appeals to individuals who value cutting-edge engineering and superior handling in a luxurious, comfortable package.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2019 Formula 292 FASTech. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a High Performance cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 127,496
Total Payment$227,958.11
Monthly payment
$949.83/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2019 Formula 292 FASTech. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a High Performance cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 127,496
Total Payment$227,958.11
Monthly payment
$949.83/mo

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Address

1530 Industrial Drive
Lake in the Hills, IL 60156

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