2001 Formula 353 FASTech Boat in Port Clinton, OH 43452 US
Built in 2001
353 FASTech
2 Engines (2x MerCruiser)
35.3 feet
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Fiberglass/Reinforced
Introducing the 2001 Formula 353 FASTech, a remarkable high-performance boat that combines sleek design with exceptional craftsmanship. With an overall length of 35.25 feet, this vessel is expertly constructed from durable fiberglass, ensuring both strength and agility on the water. The Formula 353 FASTech is designed for those who appreciate speed and style, making it an ideal choice for thrilling adventures. Its elegant lines and sporty profile not only enhance its aesthetic appeal but also contribute to its impressive performance capabilities. Equipped with a range of features, this boat promises a comfortable and enjoyable experience for all aboard. Whether you're cruising along the coastline or engaging in water sports, the Formula 353 FASTech is built to deliver excitement and reliability. Experience the perfect blend of luxury and performance with this stunning vessel, ready to create unforgettable memories on the water.
Options Include: Custom Tri Axle Trailer, Bimini Top/Sides, Lowrance Unit, Stereo, VHF, Compass, Cockpit Sink, Microwave, Anchor, Bottom Paint & More.
Price History
| Date | Event | Price |
|---|---|---|
| 4/10/26 | Price decreased | $69,995(-22.2%) |
| 7/29/25 | Initial price | $89,995 |
2001 Formula 353 FASTech Video Tours
Boattest.com Review
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.
Overview from around the web 2001 Formula 353 FASTech
Customers praise the 2001 Formula 353 FASTech for its impressive blend of speed, performance, and luxury
Many highlight its sleek design and powerful engine, which deliver an exhilarating ride on the water. Owners appreciate the spacious and comfortable cockpit, making it ideal for both day cruising and entertaining guests. The boat's advanced FASTech hull design is often noted for providing exceptional stability and smooth handling, even in choppy conditions. Overall, the 2001 Formula 353 FASTech is celebrated for combining high performance with style and comfort, making it a favorite among boating enthusiasts.
The Biggest Pros and Cons
The 2001 Formula 353 FASTech is a high-performance sportboat designed for speed and agility on the water. Here are some pros and cons to consider:
Pros
Powerful Performance: Equipped with a robust engine, the 353 FASTech delivers impressive speed and acceleration, making it ideal for thrill-seekers.
Advanced Hull Design: The FASTech hull technology enhances stability and handling, providing a smooth ride even at high speeds.
Spacious Cockpit: Offers ample seating and comfort for passengers, perfect for day cruising or entertaining guests.
Quality Build: Known for its solid construction and premium materials, ensuring durability and longevity.
Stylish Appearance: Sleek and modern design that stands out on the water.
Cons
Fuel Consumption: High-performance engines can be less fuel-efficient, leading to higher operating costs.
Maintenance Costs: Advanced technology and powerful components may require more frequent or specialized maintenance.
Storage Space: While the cockpit is spacious, storage compartments may be limited compared to larger cruisers.
Ride Comfort in Rough Water: Although stable, the boat’s performance-oriented design may result in a firmer ride in choppy conditions.
Made For
The 2001 Formula 353 FASTech is designed for boating enthusiasts who seek a high-performance, stylish, and comfortable vessel. Ideal for those who enjoy speed on the water without sacrificing luxury, this boat suits both experienced boaters and families looking for a versatile day cruiser. Its advanced FASTech hull technology offers superior handling and stability, making it perfect for activities such as cruising, watersports, and entertaining guests. Whether you're navigating coastal waters or relaxing on the lake, the Formula 353 FASTech provides a dynamic boating experience for those who value quality and performance.
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| $69,995 | $59,750 | $59,500 | $49,989 | $49,312 | $35,500 |
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Contact Happy Days Boating about 2001 Formula 353 FASTech
4151 Fremont Rd, Port Clinton, OH, 43452
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