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2002 Formula 353 FASTech Sold Boat in Annapolis, MD US

$49,000

Used
We will let you know when another 2002 Formula 353 FASTech is available in Annapolis, MD
builtBuilt in 2002
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
Nominal Length
35ft
Length Overall
35ft
Beam
8ft
Hull Material
fiberglass
2002 Formula 353 FASTech

Contact

Annapolis, MD

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 2002 Formula 353 FASTech

The 2002 Formula 353 FASTech is highly regarded among boating enthusiasts for its impressive performance and sleek design

Customers consistently praise its powerful twin-engine setup, which delivers thrilling speed and agility on the water. The boat’s distinctive styling, with its bold lines and vibrant color options, also receives accolades for turning heads at the marina. Owners often highlight the spacious layout of the cockpit and cabin, providing ample room for entertaining guests and enjoying long days on the water. The comfortable seating, along with the well-appointed amenities, adds to its appeal, making it ideal for both relaxation and adventure. Many reviews mention the smooth handling and excellent stability, even in choppy conditions, which contributes to a confidence-inspiring experience for both novice and experienced boaters. Furthermore, the Formula brand is known for its quality craftsmanship, and customers appreciate the durability and attention to detail found in the 353 FASTech. Overall, feedback reflects a deep satisfaction with the Formula 353 FASTech, showcasing it as an exemplary choice for anyone looking to experience the thrill of powerboating while enjoying the luxury and performance that Formula is known for.

The Biggest Pros and Cons

Pros

Performance and Speed: The Formula 353 FASTech is known for its powerful performance and impressive speed on the water. Equipped with potent engines, it delivers a thrilling ride that appeals to speed enthusiasts.

Sleek Design: The streamlined, sporty design not only enhances the boat’s aesthetic appeal but also improves aerodynamics, contributing to its performance capabilities.

Quality Build: Formula is renowned for its high construction standards. The 353 FASTech is constructed with a focus on durability and longevity, utilizing premium materials for enhanced resilience against the elements.

Comfortable Seating: The interior features comfortable seating arrangements, allowing for relaxing outings with family and friends. The cockpit is designed for ease of movement and socializing while on the water.

Ample Storage: With multiple storage compartments, the Formula 353 FASTech provides plenty of space to stow gear and personal items, making it practical for day trips or extended outings.

Stable Handling: The boat's hull design ensures stability and easy handling, giving the captain confidence in both calm and rough waters.

Cons

Fuel Consumption: The high-performance engines tend to consume a substantial amount of fuel, which may not be ideal for long-distance cruising or budget-conscious boaters.

Cost of Maintenance: As with any high-performance vessel, maintaining the Formula 353 FASTech can be more expensive than standard boats, particularly when it comes to upkeep of the engines or specialty parts.

Limited Cabin Space: While the boat offers a comfortable cockpit, the cabin space may feel cramped for longer trips, especially if there are more passengers on board.

Not Ideal for Beginners: The performance-oriented nature and handling characteristics may pose challenges for novice boaters, requiring more experience to navigate confidently.

Limited Amenities: While designed primarily for performance, the Formula 353 FASTech may lack some of the luxuries or modern amenities found in cruising boats, which could be a downside for those seeking more comfortable features.

Made For

The 2002 Formula 353 FASTech is designed for boating enthusiasts who appreciate performance, style, and adventure on the water. This high-performance vessel caters to thrill-seekers and leisure cruisers alike, making it ideal for anyone looking to make a statement while enjoying speed and comfort. Whether you're a seasoned boater or a newcomer to the scene, the Formula 353 FASTech offers a blend of luxurious features and cutting-edge technology. It appeals to those who want to experience the thrill of high-speed cruising without sacrificing comfort. Families and groups of friends looking to create unforgettable memories on the water will find ample space and amenities to enhance their outings. With its sleek design and impressive handling, this boat is tailored for individuals looking to tackle both spirited adventures and leisurely day trips, making it a versatile choice for a variety of boating activities. Whether you're racing across the waves or enjoying a sunset cruise, the 2002 Formula 353 FASTech promises to deliver excitement and elegance on every journey.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 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$ 41,650
Total Payment$74,468.65
Monthly payment
$310.29/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 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$ 41,650
Total Payment$74,468.65
Monthly payment
$310.29/mo

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