1998 Formula 353 Fastech Boat in Laconia, NH 03246 US

$61,000

Used
builtBuilt in 1998
Year the boat was built
model

353 Fastech

Boat model
engine

2 Engines (2x Volvo Penta)

Engine type and count
length

35 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
35ft
Length Overall
35ft
Hull Material
fiberglass
Engine 1
Engine Make
Volvo Penta
Total Power
500hp
Engine Hours
225
Fuel Type
gasoline
Drive Type
stern
Engine 2
Engine Make
Volvo Penta
Total Power
500hp
Engine Hours
225
Fuel Type
gasoline
Drive Type
stern
Tagline
1998 FORMULA 353 FASTECH HIGH PERFORMANCE TWIN 2005 volvo penta engines 500ho
Trailer
Make
MYCO

Price History

DateEventPrice
6/11/26Initial price$61,000

Contact Pop Yachts

5717 Bessie Drive, Sarasota, FL, 34233

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

The Formula 353 Fastech represents a notable collaboration between Formula and Ilmor, introducing Ilmor's new 570 horsepower 454 small block crossover engines. This model stands out as one of the most visually striking releases from Formula, featuring the innovative Stiletto graphics package applied with Imron paint rather than decals. The 353 Fastech aims to offer a competitively priced high-performance option within the Formula lineup, leveraging the power and efficiency of these newly developed engines.

Engine and Mechanical Features

Under the engine hatch reside the first two production units of Ilmor's 570 horsepower 454 small block engines, each weighing approximately 830 pounds. These engines fill a performance gap between Ilmor's 522 horsepower V8 and 650 horsepower V10 models. The installation in the 353 Fastech is well-executed, with easily accessible daily maintenance points such as forward-facing air cleaners and visible serpentine belts for inspection. A distinctive feature includes oil filters mounted directly to drip trays, enhancing cleanliness during servicing. Safety and convenience are addressed with a standard automatic discharge fire extinguisher, properly double-clamped hoses, clearly labeled ball valves, and power trim pumps positioned on the forward bulkhead. Electrical systems include a standard 50 amp battery charger, with battery switches and circuit breakers neatly located beneath the aft bench seat.

Exterior and Helm Design

The cockpit layout features McLeod Performance wraparound seats for both captain and passenger, designed for sustained high-speed comfort. These seats electrically lower to function as leaning posts, with adjustable footrests but fixed fore-and-aft positioning. Safety is enhanced by grab handles positioned behind the seats for standing passengers. The helm is finished with a color-matched carbon fiber treatment protected by a plastic overlay. Instrumentation includes an optional Garmin 740S GPS chartplotter, Ilmor's customizable multi-function engine displays, large Levorsi Monster and Redline analog tachometers, a fuel gauge, and a flush-mounted compass. Controls consist of dual chromed shift and throttle levers with integrated out-drive trim, supplemented by separate rocker switches for out-drive and trim tabs. Access to the bow is achieved by stepping over a low-profile windshield leading to a long foredeck and anchor hatch, though no anchor windlass is installed, deemed unnecessary due to weight considerations. Side rails are minimal and primarily aesthetic, while Formula's signature step-tall hull design reduces surface friction to enhance speed.

Performance and Handling

The Formula 353 Fastech measures 35 feet 3 inches in length overall, with a beam of 8 feet 3 inches and a draft of 36 inches. During testing, the boat's displacement was 10,650 pounds, accounting for fuel, water, and two occupants. Equipped with Mercury Racing Maximus 15.25 by 25 five-bladed props and a 1.5 to 1 gear reduction, the twin 570 horsepower Ilmor engines propelled the boat to a top speed of 85.2 miles per hour at 6,000 RPM, consuming 88 gallons of fuel per hour and providing a range of approximately 130 miles. The most efficient cruising speed was found at 3,500 RPM, yielding 46.2 miles per hour with a fuel burn of 27 gallons per hour and an extended range of 229 miles while maintaining a 10% fuel reserve. The boat exhibits a 14-degree bow rise during acceleration, which momentarily reduces forward visibility due to the helm's position relative to the bow. The 353 Fastech requires moderate trim adjustments to optimize performance, with the drives trimmed up to about 7 on the gauge to achieve optimal speed and handling. The hull design favors straight-line speed and stability, rolling 13.5 degrees into turns and demonstrating robust wave penetration thanks to its narrow entry. While capable of aggressive maneuvering, the boat is best handled at moderate speeds for occupant safety.

Conclusion

The Formula 353 Fastech powered by Ilmor's new 570 horsepower 454 small block engines delivers an impressive blend of performance, design, and innovation. The integration of these crossover engines provides a compelling option in the high-performance recreational boating segment, supported by thoughtful engineering and quality craftsmanship. The boat's handling characteristics, combined with its striking aesthetics and practical features, make it a noteworthy addition to Formula's lineup. Overall, the collaboration between Ilmor and Formula has produced a vessel that excels in speed, comfort, and style.

Rating: 4.3 out of 5

Overview from around the web 1998 Formula 353 Fastech

The 1998 Formula 353 Fastech has garnered positive feedback from boat enthusiasts and owners alike

Customers often highlight its impressive performance, thanks to the powerful engines that provide thrilling speed and agility on the water. Many appreciate the sleek, aerodynamic design that not only enhances aesthetic appeal but also contributes to its handling and stability. Users frequently rave about the spacious cockpit area, which offers ample seating for friends and family, making it an ideal choice for entertaining during weekend outings. The high-quality materials used throughout the interior and exterior of the boat are also commonly praised, showcasing Formula's commitment to craftsmanship and durability. Additionally, customers often commend the Fastech’s smooth ride, even in choppy conditions, providing a comfortable experience for passengers. With its striking look and reliable performance, the 1998 Formula 353 Fastech remains a beloved option for those seeking a balance of power and luxury on the water. Overall, owners express satisfaction with their investment, frequently recommending it to fellow boating enthusiasts.

Made For

The 1998 Formula 353 Fastech is designed for those who crave thrilling high-performance boating experiences. This powerful vessel is ideal for speed enthusiasts, adventure seekers, and anyone who enjoys the adrenaline rush of fast cruising on the open water. With its sleek design and impressive engineering, it attracts both seasoned boaters and newcomers who appreciate a beautifully crafted performance boat. Whether you're looking to make a statement at the dock or carve through waves with finesse, the Formula 353 Fastech offers a unique balance of luxury and speed. It's perfect for individuals or families who want to enjoy weekends on the water, entertaining guests, or embarking on exciting day trips. With its spacious cockpit, comfortable seating, and cutting-edge features, this boat provides the perfect setting for memorable outings, whether racing across the lake or enjoying a leisurely sunset cruise.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 353 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$ 51,850
Total Payment$92,705.87
Monthly payment
$386.27/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 353 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$ 51,850
Total Payment$92,705.87
Monthly payment
$386.27/mo

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5717 Bessie Drive
Sarasota, FL 34233

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