2002 Formula 353 FASTech Sold Boat in Annapolis, MD US
Built in 2002
353 FASTech
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35 feet
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Fiberglass/Reinforced
Other Formula boats for sale in Maryland, United States
***Recent Price Reduction***
***Owner wants this boat sold***
***Bring All Reasonable Offers***
*2002 FORMULA 353 FASTech w/ twin Merc 490 MAG HO-425hp*
*Top speed of 75 mph*
*Engine performance verified every Spring with sea trial by high performance engine technician.*
*Lift kept in season & stored indoors for the winter since new.*
*Drives and engines serviced annually. All recommendations done by owner since new.*
*Full engine service records available dating back to 2005*
***Recent Price Reduction***
***Owner wants this boat sold***
***Bring All Reasonable Offers***
*2002 FORMULA 353 FASTech w/ twin Merc 490 MAG HO-425hp*
*Top speed of 75 mph*
*Engine performance verified every Spring with sea trial by high performance engine technician.*
*Lift kept in season & stored indoors for the winter since new.*
*Drives and engines serviced annually. All recommendations done by owner since new.*
*Full engine service records available dating back to 2005*
2002 Formula 353 FASTech Video Tours
Formula 353 FASTech: BoatTEST 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 2002 Formula 353 FASTech
Customers praise the 2002 Formula 353 FASTech for its impressive combination of speed, performance, and comfort
Many highlight the boat's sleek design and powerful engine, which deliver a smooth, exhilarating ride on the water. Owners appreciate the spacious cockpit layout, ample seating, and high-quality finishes that make it ideal for both day cruising and entertaining. The boat's advanced FASTech hull technology is frequently mentioned for providing excellent stability and handling, even at high speeds. Overall, users commend the 353 FASTech for its reliability, style, and versatility, making it a standout choice in its class.
The Biggest Pros and Cons
The 2002 Formula 353 FASTech is a high-performance sport boat known for its sleek design and powerful capabilities. Here are some pros and cons to consider:
Pros
Impressive Speed and Performance: Equipped with a high-horsepower engine, the 353 FASTech delivers exhilarating acceleration and top-end speed, making it ideal for thrill-seekers and watersports enthusiasts.
Advanced Hull Design: The FASTech hull offers enhanced stability and smooth handling, providing a comfortable ride even in choppy waters.
Spacious and Comfortable Cockpit: With ample seating and ergonomic layout, the boat accommodates passengers comfortably, making it great for social outings.
Quality Build and Materials: Formula is known for its attention to detail and high-quality craftsmanship, ensuring durability and a premium feel.
Well-Equipped Features: Includes modern amenities such as a well-designed helm, quality sound system, and ample storage compartments.
Cons
Fuel Consumption: Given its high-performance engine, the 353 FASTech can be less fuel-efficient compared to more economy-focused boats.
Limited Cabin Space: While offering comfort in the cockpit, the cabin area is relatively compact, which may not suit those looking for extended overnight accommodations.
Maintenance Costs: As a performance-oriented boat with advanced components, maintenance and upkeep can be more expensive than average.
Weight: The robust build and features add weight, which might affect trailering ease and require a suitable tow vehicle.
Made For
The 2002 Formula 353 FASTech is designed for boating enthusiasts who seek a high-performance, stylish, and comfortable sport boat. It is ideal for those who enjoy thrilling speed on the water, whether for day cruising, watersports, or entertaining guests. With its advanced FASTech hull technology, the Formula 353 offers superior handling and a smooth ride, making it perfect for both experienced boaters and those looking to elevate their boating experience.
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Annapolis, MD
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