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2001 Formula 353 FASTech Sold Boat in Las Vegas, NV US

$85,000

Used
We will let you know when another 2001 Formula 353 FASTech is available in Las Vegas, NV
builtBuilt in 2001
Year the boat was built
model

353 FASTech

Boat model
engine

--

Engine type and count
length

35 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

Other Formula boats for sale in Nevada, United States

Nominal Length
35ft
Length Overall
35ft
Beam
8ft
Max Draft
3ft
Dry Weight
8575lb
Fresh Water Tanks
19gal
Fuel Tanks
154gal
Holding Tanks
2.6gal
Hull Material
fiberglass
This FORMULA 353 FasTech is immaculate and ready for fun ... if you are ready for a Formula.  Pulling up in a Formula demands distinction and admiration from other boaters, as they know you can afford the best in boats.  This boat has been taken care of with tedious attention and care.  It could be easily sold in a showroom right now with nothing to change.   The boat is washed every time it leave the water, NEVER BEEN IN SALT WATER - yet designed for use in salt water as an Off-Shore Racer. She has a private mechanic located at Lake Havasu City, AZ.  Only the best performance boat shop in town (Prestige Marine) if allowed to take care of this vessel, and they do a great job with annual maintenance, drive alignments, oil changes, water pumps and computer checks. The owner of the shop, Chris,  personally works on this boat and would be happy to answer any questions you may have.

The best thing to do to get you on the right track with a boat like this would be to go to FormulaBoats.com and "Build yourself" a new  353 FasTech. You will be amazed at these boats, and amazed at the $332,415 price!  Here is a small list of the options:

McLoud Power Seats
McLoud Power Steps
Fully Automated Fire Suppression
5000 BTU Air Conditioner
VHF Radio
Garmin GPS / Plotter
Killer Stereo System
Cockpit Cover
Leather-like cabin couches
Bathroom with flush/maceration pump out
Tempurpedic V-Berth Sleeping
Refer / Sink / Cabin Fans
(4) pop-up vents
Docking Lights
Hot Water Shower
XR Performance Drives
Hydraulic Power Steering
Custom 3-Axel Eagle Trailer
 
The Formula 353 FAS³TECH is a serious powerhouse that delivers a confident and comfortable ride even through choppy seas thanks to her stepped bottom hull and deep-V bottom. 

She offers electrically powered footrests and racing-style bolsters. The helm has a tilt steering wheel and all the controls are within easy reach. The cabin is fixed with UltraLeather lounges, entertainment center, CD/stereo, and a stainless sink and demand system. There's enough room for four to spend the night on the double V-berth and the couches which can sleep two. An enclosed head is to starboard.

Engine hours are 600.  Owner will allow $10,000 for engine rebuilds, or have it done himself this winter so there are fresh motors for next year. 

Contact

Las Vegas, NV

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 2001 Formula 353 FASTech

Customers praise the 2001 Formula 353 FASTech for its impressive blend of speed, style, and performance

Many highlight its sleek design and advanced FASTech hull, which delivers a smooth, stable ride even at high speeds. Owners appreciate the spacious and comfortable cockpit layout, making it ideal for both entertaining and cruising. The boat's powerful engine options receive positive remarks for providing quick acceleration and reliable power. Overall, users commend the 2001 Formula 353 FASTech for its quality craftsmanship, sporty handling, and versatility on the water.

The Biggest Pros and Cons

The 2001 Formula 353 FASTech is a high-performance sport boat known for its sleek design and powerful engine options. Here are some of the pros and cons to consider:

Pros

Performance: Equipped with FASTech hull technology, the boat delivers excellent speed and handling, providing a smooth and responsive ride even in choppy conditions.

Design: The 353 features a stylish and aerodynamic profile, with a spacious cockpit and comfortable seating that make it ideal for both day cruising and water sports.

Build Quality: Formula boats are known for their solid construction and attention to detail, ensuring durability and long-lasting performance.

Amenities: The boat often comes with a range of luxury features such as a well-appointed cabin, premium upholstery, and advanced electronics for navigation and entertainment.

Cons

Fuel Consumption: Due to its powerful engine and sporty design, the 353 FASTech can be less fuel-efficient compared to more economy-focused boats.

Maintenance Costs: High-performance boats like the 353 may require more frequent maintenance and higher upkeep costs to keep them running at their best.

Space Limitations: While comfortable, the cabin and storage space might be somewhat limited for extended trips or larger groups.

Price: As a premium sport boat, the Formula 353 FASTech can be on the higher end of the price spectrum, both for initial purchase and resale value.

Made For

The 2001 Formula 353 FASTech is designed for boating enthusiasts who seek high-performance combined with luxury and style. Ideal for those who enjoy speed and agility on the water, this model appeals to individuals and families looking for a sleek, sporty cruiser that delivers impressive power and smooth handling. Whether you're into day cruising, watersports, or entertaining guests, the Formula 353 FASTech offers a versatile and thrilling boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 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 Sail Cruiser 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$ 72,250
Total Payment$129,180.32
Monthly payment
$538.25/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 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 Sail Cruiser 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$ 72,250
Total Payment$129,180.32
Monthly payment
$538.25/mo

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Las Vegas, NV

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