No images available

2002 Formula 370 Super Sport Sold Boat in Mamaroneck, NY US

$69,900

Used
We will let you know when another 2002 Formula 370 Super Sport is available in Mamaroneck, NY
builtBuilt in 2002
Year the boat was built
model

370 Super Sport

Boat model
engine

--

Engine type and count
length

37 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
10ft
Max Draft
3ft
Dry Weight
14400lb
Fresh Water Tanks
43gal
Fuel Tanks
238gal
Holding Tanks
50gal
Hull Material
fiberglass

Excellent Formula 370 Super Sport with fresh water cooled Mercruiser 496 HO engines and Bravo 3 Drives.

Contact

Mamaroneck, NY

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 2002 Formula 370 Super Sport

Customers praise the 2002 Formula 370 Super Sport for its powerful performance and sleek design

Many highlight its spacious and comfortable cockpit, ideal for both cruising and entertaining guests. Owners appreciate the boat's reliable handling and smooth ride, making it a favorite for weekend getaways and water sports. The high-quality craftsmanship and attention to detail in the interior finish are also frequently noted, contributing to an overall luxurious boating experience. Maintenance and upkeep are described as manageable, with many customers expressing satisfaction with the boat's durability and long-term value.

The Biggest Pros and Cons

The 2002 Formula 370 Super Sport offers a blend of performance, luxury, and style that appeals to boating enthusiasts seeking both speed and comfort. Here are some of the pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the 370 Super Sport delivers impressive speed and smooth handling, making it ideal for both cruising and watersports.

Spacious Layout: The boat features a well-designed cockpit and cabin area, providing ample seating and comfort for family and guests.

Quality Construction: Built with high-quality materials and craftsmanship, this model ensures durability and longevity.

Stylish Design: Its sleek, modern lines and sporty appearance stand out on the water.

Versatile Use: Suitable for day trips, entertaining, and overnight stays thanks to its comfortable accommodations and amenities.

Cons

Fuel Consumption: With powerful engines, fuel efficiency may be lower compared to smaller or less performance-oriented boats.

Size and Maneuverability: At 37 feet, the boat may be less maneuverable in tight docking situations or smaller waterways.

Maintenance Costs: As with many luxury performance boats, upkeep and maintenance can be more costly.

Limited Storage: While spacious for passengers, storage space may be somewhat limited for extended trips requiring a lot of gear.

Made For

The 2002 Formula 370 Super Sport is designed for boating enthusiasts who seek a powerful and luxurious performance cruiser. Ideal for those who value a combination of speed, style, and comfort, this model is perfect for families and friends looking to enjoy day trips, water sports, and entertaining on the water. With its spacious layout and high-performance features, the 370 Super Sport caters to experienced boaters who appreciate quality craftsmanship and advanced engineering.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 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 Other 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$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 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 Other 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$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

Be the first to know when similar boats hit the market

Get notified when new boats become available

Meet the Broker

Unknown

Address

Mamaroneck, NY

Want to update the details or images for this boat? Claim this listing by getting in touch.

Be the First to Know

Get notified when new boats become available.