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1998 Formula 353 FASTech Sold Boat in Laconia, NH 03246 US

$69,900

Used
We will let you know when another 1998 Formula 353 FASTech is available in Laconia, NH
builtBuilt in 1998
Year the boat was built
model

353 FASTech

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

35.3 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 353 FASTech 1998 - 01998 Formula 353 FASTech
Price$69,900$72,900$61,000
LocationLaconiaGilfordLaconia
Nominal Length35'35'35'
Draft3'--
Engine MakeMerCruiserMerCruiserVolvo Penta
Total Engine Power500 hp424 hp500 hp
Days on Market37653
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Other 1998 Formula 353 FASTech For Sale in New Hampshire, United States

Nominal Length
35.25ft
Length Overall
35.25ft
Beam
8.25ft
Max Bridge Clearance
5.33ft
Max Draft
3ft
Deadrise At Transom
24deg
Dry Weight
8575lb
Fresh Water Tanks
19gal
Fuel Tanks
160gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
MerCruiser
Engine Model
T-HP 500 Bravo l
Total Power
500hp
Engine Hours
451
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
1998
Drive Type
stern
Propeller Material
stainless-steel
Engine 2
Engine Make
MerCruiser
Engine Model
T-HP 500 Bravo l
Total Power
500hp
Engine Hours
451
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
1998
Drive Type
stern
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
8/31/25Initial price$69,900

Contact Lakeport Landing

65 Gold St, Laconia, NH, 03246

Formula 353 FASTech: BoatTEST Review

Reviewed by Jeff Hammond

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

Customers praise the 1998 Formula 353 FASTech for its impressive combination of speed, performance, and sleek design

Many highlight its powerful engine and advanced FASTech hull, which provide a smooth and fast ride even in challenging waters. Owners appreciate the spacious and comfortable cockpit layout, making it ideal for both day cruising and entertaining guests. The boat’s quality craftsmanship and reliable handling are frequently noted, along with its stylish, sporty appearance that turns heads on the water. Overall, users consider the 1998 Formula 353 FASTech a well-built, exhilarating boat that delivers excellent value for those seeking performance and luxury.

The Biggest Pros and Cons

The 1998 Formula 353 FASTech is a standout performance cruiser known for its sleek design and powerful capabilities. Here are some of the pros and cons to consider:

Pros

Impressive Speed and Handling: Equipped with FASTech hull technology, the 353 delivers exceptional speed and smooth handling, making it ideal for thrill-seekers and those who enjoy fast cruising.

Spacious Interior: For a boat of its size, the 353 offers a surprisingly roomy cabin with comfortable sleeping accommodations, a functional galley, and a well-appointed head.

Quality Build: Formula is known for solid construction and attention to detail, and the 353 FASTech is no exception, providing durability and a polished finish.

Versatile Layout: The boat’s layout is designed for both entertaining and relaxation, featuring ample seating areas and a cockpit designed for socializing.

Strong Performance Engines: Typically powered by robust V8 engines, the 353 FASTech delivers reliable and powerful performance on the water.

Cons

Fuel Consumption: With its high-performance engines, the 353 FASTech can be less fuel-efficient, leading to higher operating costs compared to more economy-focused boats.

Maintenance Costs: The advanced technology and powerful engines may require more frequent and specialized maintenance, which can increase upkeep expenses.

Limited Storage: While the interior is spacious, storage space can be somewhat limited, which might be a consideration for longer trips or extensive gear.

Age Considerations: As a 1998 model, some electrical and mechanical components may need updating or refurbishing to meet modern standards and reliability expectations.

Made For

The 1998 Formula 353 FASTech is designed for boating enthusiasts who seek a high-performance sport boat that combines speed, agility, and stylish design. It’s ideal for those who enjoy water sports such as skiing and wakeboarding, as well as cruising with family and friends. With its powerful engine and advanced FASTech hull technology, this boat appeals to individuals who value both thrilling performance and comfortable, smooth handling on the water.

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$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/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$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

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Address

65 Gold St
Laconia, NH 03246

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