2002 Formula 370 Super Sport Sold Boat in Strawn, TX 76475 US
Built in 2002
370 Super Sport
2 Engines (2x MerCruiser)
38.5 feet
Gas
Fiberglass/Reinforced
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 2002 Formula 370 Super Sport | ||||||
|---|---|---|---|---|---|---|
| Price | $99,990 | $99,999 | $100,000 | $99,900 | $99,876 | $104,000 |
| Location | Strawn | Corpus Christi | Denison | Pottsboro | Rowlett | Kemah |
| Nominal Length | 39' | 40' | 38' | 34' | 35' | 38' |
| Engine Make | MerCruiser | Mercruiser | MerCruiser | - | MerCruiser | MerCruiser |
| Total Engine Power | 425 hp | 420 hp | 375 hp | 600 hp | 380 hp | 370 hp |
| Days on Market | 204 | 162 | 295 | - | 122 | 806 |
| Get in touch |
Other Formula boats for sale in Texas, United States
2002 Formula 370 Super Sport - Twin 496 MAG HO 425 HP - Freshwater Only - Exceptional Condition
This 2002 Formula 370 Super Sport is a true freshwater-only performance cruiser powered by twin MerCruiser 496 MAG HO engines producing 425 horsepower each, with only 430 original hours. Known for its outstanding build quality, performance, and timeless styling, the Formula 370 SS delivers an exceptional blend of speed, comfort, and luxury.
This particular vessel has been meticulously maintained since new, lift kept under a Marine Concepts cover, and presents in remarkable condition throughout. The striking blue Imron paint retains excellent shine and depth, and the upholstery is flawless. The cabin is exceptionally clean and has never been slept in, reflecting the careful ownership and limited use this boat has received.
Power is transferred through heavy-duty Bravo Three X dual-prop outdrives, delivering excellent acceleration, handling, and efficiency. A Kohler 7.3 kW generator with only 225 hours provides reliable onboard power, making overnighting or extended cruising comfortable and convenient.
Key Features and Equipment:
Twin MerCruiser 496 MAG HO engines, 425 HP each, 430 hours
Bravo Three X dual-prop outdrives
Kohler 7.3 kW generator with 225 hours
Captain's Call selectable exhaust
Full Sea deck flooring in cockpit and swim platform
Extended swim platform
Cockpit refrigerator
Upgraded premium audio system
Raymarine in-dash depth finder
Radar arch with bimini top
Cabin air conditioning and heat
Vacu-flush head system
Beautiful blue Imron paint
Lift kept under Marine Concepts cover since new
True freshwater-only vessel
The Formula 370 SS is widely regarded as one of the best-built and best-performing luxury performance cruisers in its class. With its powerful twin 496 MAG HO engines, premium construction, and exceptional condition, this boat is turn-key and ready for its next owner.
This is a rare opportunity to purchase a freshwater, meticulously cared-for Formula 370 SS that stands well above typical examples on the market.
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
| Date | Event | Price |
|---|---|---|
| 2/19/26 | Initial price | $99,990 |
2002 Formula 370 Super Sport Video Tours
Formula 370 Super Sport: BoatTEST Review
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.
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 smooth handling and impressive speed, making it ideal for both cruising and watersports. Owners appreciate the spacious and comfortable cockpit, which offers ample seating and high-quality finishes. The boat's robust build and reliable engine receive frequent commendations, contributing to a confident and enjoyable boating experience. Overall, users find the 2002 Formula 370 Super Sport to be a well-rounded and stylish vessel that delivers excellent value on the water.
The Biggest Pros and Cons
The 2002 Formula 370 Super Sport is a standout cruiser known for its blend of performance, luxury, and style. Here are some of the pros and cons to consider:
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 and Comfortable Layout: The boat features a well-designed cockpit and cabin area, offering ample seating and comfortable accommodations for extended outings.
High-Quality Build: Known for its solid construction and attention to detail, the Formula 370 Super Sport ensures durability and reliability on the water.
Luxurious Amenities: This model includes upscale features such as premium upholstery, a well-appointed galley, and advanced entertainment options, enhancing the onboard experience.
Sleek Styling: Its sporty and elegant design turns heads, combining aesthetic appeal with functional ergonomics.
Cons
Fuel Consumption: With its powerful engines, the 370 Super Sport may have higher fuel consumption compared to smaller or less performance-oriented boats.
Maintenance Costs: The sophisticated systems and high-end components can lead to increased maintenance and upkeep expenses.
Size Limitations: While spacious, the boat's size might limit access to smaller docks or shallow waters, which could restrict some cruising areas.
Older Model Considerations: Being a 2002 model, some onboard technology and features may be outdated compared to newer boats, potentially requiring upgrades.
Made For
The 2002 Formula 370 Super Sport is designed for boating enthusiasts who seek a powerful and stylish performance cruiser. Ideal for those who enjoy high-speed thrills combined with luxurious comfort, this boat caters to individuals and families looking for a versatile vessel that excels in both entertaining and water sports. Its spacious layout and advanced features make it perfect for day cruising, entertaining guests, or embarking on longer weekend adventures on the water.
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Boat Location
Contact VIP Boats and Yachts - Strawn about 2002 Formula 370 Super Sport
1119 Marina Point Dr., Strawn, TX, 76475
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