2001 Formula 370 Super Sport Boat in Middletown, CT 06457 US

$89,900

Used
builtBuilt in 2001
Year the boat was built
model

370 Super Sport

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
10.5ft
Max Draft
3ft
Deadrise At Transom
21deg
Dry Weight
15100lb
Cabins
2
Heads
1
Fresh Water Tanks
43gal
Fuel Tanks
238gal
Holding Tanks
50gal
Windlass
electric-windlass
Electrical Circuit
110v
Hull Material
fiberglass
Engine 1
Engine Make
Mercruiser
Engine Model
Mag 496 HO B3
Total Power
425hp
Engine Hours
350
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2008
Drive Type
stern
Engine 2
Engine Make
Mercruiser
Engine Model
Mag 496 HO. B3
Total Power
425hp
Engine Hours
350
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2008
Drive Type
stern
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
6/28/25No change$99,900
6/7/25Price decreased$89,900(-10.0%)

Contact Jensen Yacht Sales, LLC

Between the Bridges Marina, 142 Ferry Road, Old Saybrook, CT, 06475

Formula 370 Super Sport: BoatTEST Review

Reviewed by Jeff Hammond

Boat Test Review on BoatTest.com

Overview

The Formula 370SS is a premium performance cruiser measuring 38 feet 6 inches in length overall, with a beam of 10 feet 9 inches and a draft of 3 feet. Designed for versatility, it suits weekend outings, entertaining, or longer cruises. This particular model is uniquely powered by twin Ilmor 7.4 liter 483 horsepower engines integrated into the OneDrive stern drive propulsion system, blending Formula's offshore racing heritage with Ilmor's high-performance racing engine expertise.

Power and Performance

The 370SS features a 21-degree deadrise at the transom and a two-step hull design, balancing a deep-V ride with efficient planing. The Ilmor MV8 7.4 liter engines produce peak torque at 4,400 rpm, filling a power gap between 430 and 520 horsepower. During testing, the boat achieved a top speed of 53.7 miles per hour at 5,364 rpm. Cruising at 3,500 rpm yielded 31.9 miles per hour with a fuel burn of 32.7 gallons per hour, equating to one mile per gallon and a range of 191 statute miles with a 10% fuel reserve. The boat demonstrated a smooth and stable ride with minimal bow rise and consistent running attitude, handling wakes and sharp turns predictably without slipping. The Ilmor OneDrive stern drive unit, originally engineered for diesel applications, features robust gears, shafts, and hydraulic transmission housed in a larger casing for durability and quieter operation. The system carries a five-year, 500-hour factory-backed warranty, reflecting its reliability and performance.

Engine and Mechanical Features

Ilmor engines are hand-built with forged steel crankshafts, rods, and pistons, based on a cast GM 454 block but extensively engineered for durability and power. The engines utilize multiple closed cooling systems with glycol-based coolant and heat exchangers to maintain optimal temperatures and reduce corrosion. Maintenance is simplified with service points and oil filters positioned for easy access, and oil change intervals set at 75 hours for the engine and 150 hours for the stern drive unit. The OneDrive's hydraulic clutch and electromagnetic relays provide smooth operation, and the system’s design allows Formula’s paint finish to extend seamlessly onto the upper unit.

Exterior Design and Deck Features

The 370SS presents a striking profile with John Adams-designed lines and a painted hull. The stern area includes shore power, cable TV, telephone, and water hookups, along with a freshwater shower for convenience. The aft-facing transom seat converts into a large sun pad with storage lockers beneath for cockpit tables, cushions, and fenders. The cockpit features a Corian-topped console with storage, a trash can, and a cold water wet bar sink with fold-down faucet, all neatly concealed under lids. A 2.3 cubic foot Isotherm drawer-style refrigerator is integrated into a curved front cabinet. The U-shaped cockpit lounge includes a dual-height, two-piece Corian table that converts into a sun pad with filler cushions. Helm seating is comfortable and versatile, with separate fold-up seats and integrated air conditioning vents. Access to the foredeck is provided by sturdy centerline steps with grab handles, leading to a bow hatch housing a Lumar electric windlass and a polished stainless Bruce anchor with 150 feet of chain stowed in a molded tub.

Helm and Electronics

The helm is ergonomically designed with white-faced analog Ilmor gauges, including dual fuel gauges flanking a compass, a central speedometer, and tachometers below. A 12-inch Raymarine Axiom Pro display is mounted to port, while the Ilmor Merlin digital dashboard on starboard offers a programmable touchscreen interface with diagnostic capabilities and detailed joystick functionality readouts. Controls for the joystick, Bennett trim tabs, and engine throttles are conveniently positioned to starboard, alongside rocker switches for lighting and electrical systems. Communication and entertainment systems, including stereo, VHF radio, and 12-volt receptacles, are integrated into the lower helm panel.

Interior Living Spaces

Below deck, the forward cabin features a wraparound settee that converts into a berth with a dual-height, three-piece gloss finish table, creating a comfortable dining or lounging area. The flat-screen television with Blu-ray player is easily visible and mounted on the electrical panel door. The compact galley is well-appointed with ample cabinetry, a microwave, a Kenyon Seagull burner cooktop, an under-mounted stainless steel sink with a stylish faucet, and Corian countertops. Dedicated glass storage is illuminated with blue LED lighting, and soft-close drawers with dovetail joinery enhance functionality. Additional amenities include a cedar-lined hanging locker with stereo controls, a galley refrigerator, and a central vacuum system with hose storage.

Private Accommodations and Head

The wet head serves as a stand-up shower and includes an electric flush toilet, stainless steel sink with modern fixtures, an opening port light, and storage both in the vanity and a mirrored overhead cabinet. The aft cabin, located behind the companionway stairs, offers a queen-size berth with crawl-in height, storage cubbies at the foot of the berth, and a flat-screen television, providing a private and comfortable sleeping area.

Conclusion

The Formula 370SS exemplifies high-quality craftsmanship and thoughtful design, delivering the performance and handling expected from the Formula brand. The integration of twin 483 horsepower Ilmor 7.4 liter engines with the OneDrive stern drive system enhances the boat’s capabilities, providing robust power, reliability, and ease of maintenance. With its versatile layout, premium finishes, and comprehensive features both above and below deck, the 370SS stands out as a well-executed cruiser suitable for a range of boating activities.

Rating: 4.5 out of 5

Overview from around the web 2001 Formula 370 Super Sport

The 2001 Formula 370 Super Sport has garnered a reputation for its impressive performance and luxurious features

Customers often praise its sleek design and powerful twin-engine setup, which offers exhilarating speed and agility on the water. Boaters appreciate the spacious cockpit and well-appointed cabin, making it an ideal choice for both day trips and overnight excursions. Many users highlight the boat's smooth handling and stability, even in choppy conditions, providing confidence for both novice and experienced captains alike. The high-quality construction and attention to detail are frequently mentioned, with owners noting the durability of the materials used throughout the vessel. In terms of amenities, the 370 Super Sport is loved for its comfortable seating, ample storage, and fully equipped galley, which enhance the overall boating experience. The sound system and entertainment features also receive positive feedback, creating an enjoyable atmosphere for gatherings on the water. Overall, the Formula 370 Super Sport 2001 is celebrated for its blend of performance, luxury, and craftsmanship, making it a favorite among boating enthusiasts looking for an exhilarating experience on the waves.

The Biggest Pros and Cons

Pros

Performance: The Formula 370 Super Sport is known for its powerful performance, with twin-engine configurations that provide excellent speed and acceleration on the water. It's designed for thrill-seekers who enjoy high-performance boating.

Stylish Design: With sleek lines and a modern aesthetic, the 370 Super Sport boasts a striking design that turns heads at the dock. The attention to detail in its exterior and interior finishes enhances its overall appeal.

Comfort and Space: The boat features a spacious cockpit and well-appointed cabin, providing ample seating and sleeping arrangements for friends and family. The layout is designed for both socializing and relaxation.

Quality Construction: Formula boats are known for their high build quality and durability. The 370 Super Sport is constructed with top-notch materials and craftsmanship, ensuring longevity and reliability.

Versatile Use: This model is suitable for a variety of activities, including cruising, entertaining, and watersports, making it a versatile choice for boaters with diverse interests.

Cons

Fuel Consumption: The performance-oriented twin-engine setup can lead to higher fuel consumption, which might be a consideration for those looking for a more economical boating experience.

Maintenance Costs: Owning a high-performance boat like the Formula 370 Super Sport can come with increased maintenance and service costs, especially if the engines and systems are pushed to their limits.

Size and Maneuverability: While the spaciousness is a plus, the boat's size can make it less maneuverable in tight spaces or crowded marinas, requiring more skill and experience to handle.

Limited Storage: Despite its spacious layout, some users may find that storage options are limited for longer trips, necessitating careful packing and organization.

Price Point: As a premium performance boat, the 370 Super Sport may come with a higher price tag, which could be a barrier for some potential buyers.

Made For

The 2001 Formula 370 Super Sport is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and style. Ideal for those who appreciate high-speed cruising and thrilling water adventures, this boat is perfect for both experienced mariners and those looking to elevate their on-water experiences. Equipped with powerful engines, the Formula 370 delivers impressive acceleration and stability, making it suitable for water sports, weekend getaways, or simply enjoying a day on the water with family and friends. The spacious cockpit and luxurious interior cater to comfort, ensuring that every journey is as enjoyable as it is exhilarating. Whether you’re planning to anchor at a secluded cove or race across open waters, the Formula 370 Super Sport is the ultimate choice for those who demand both performance and elegance in their boating lifestyle.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 370 Super Sport. 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$ 76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 370 Super Sport. 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$ 76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

Be the first to know when similar boats hit the market

Get notified when new boats become available

Boats For Sale in Connecticut, United States Similar to the 2001 Formula 370 Super Sport

Compare with similar boats and find the perfect one for you.

The Image of Formula 370 Super Sport 2001 - 02001 Formula 370 Super Sport
$89,900$94,999$99,000$79,500$74,900$67,500
MiddletownWestbrookWestbrookClintonNorwalkOld Saybrook
37'37'41'31'37'33'
3'-----
MercruiserMerCruiserVolvo Penta-MerCruiserMercruiser
425 hp475 hp430 hp-425 hp310 hp
6473576351378703
Price
Location
Nominal Length
Draft
Engine Make
Total Engine Power
Days on Market

Other Formula 370 Super Sport boats for sale in Connecticut, United States

Meet the Broker

Address

Between the Bridges Marina
142 Ferry Road
Old Saybrook, CT 06475

Boat Location

Be the First to Know

Get notified when new boats become available.