2003 Formula 370 Super Sport Boat in Newburyport, MA 01950 US
Built in 2003
370 Super Sport
2 Engines (2x Mercruiser)
37 feet
Gas
Fiberglass/Reinforced
Founded in 1956, Formula Boats evolved from high-performance racing runabouts into today's sleek, performance-oriented cruisers-renowned for smooth rides and premium craftsmanship. This 2003 Formula 370 Super Sport, meticulously maintained by her original owner, embodies that legacy. Twin 425 hp Mercruiser 496 MAG HO, fresh water cooled, engines (870 hrs) and a Kohler 7.3 kw generator deliver confident, spirited performance. Electronics include a compass, VHF, Raymarine C80 GPS/plotter/fish finder, and a Kenwood AM/FM/CD stereo.
On deck, she's designed for comfort and entertaining: a double helm bench,one portside lounges, a wraparound cockpit settee with removable table, wet bar with fridge, sink and cooler, walk-through transom, oversized locker, and a swim platform with ladder. Below, the inviting interior offers a Galley with a stainless sink, fridge, cooktop, and Samsung microwave; a U-shaped dinette that converts to a forward V-berth; an aft double berth; and a full head with a shower.
Experience the ideal blend of luxury and performance-this Formula 370 SS is ready to cruise.
Upgrades
2025
Replaced exhaust manifold on port engine, and all spark plugs/oil filters
2024
Replaced all bellows, gimball bearings, outdrive yoke seals, port & starboard impellers
Replaced Duckbill valves on vacuflush
Replaced steering lever kit & seals
2004
Installed Raymarine C80 w/Raystar Seatalk, digital sounder & fish finder
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 |
|---|---|---|
| 5/4/26 | Price decreased | $80,000(-11.1%) |
| 1/6/26 | Initial price | $90,000 |
2003 Formula 370 Super Sport Video Tours
Boattest.com 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 2003 Formula 370 Super Sport
Customers praise the 2003 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 water sports. The spacious cockpit and comfortable seating receive positive remarks for enhancing onboard enjoyment. Owners also appreciate the quality craftsmanship and reliable engineering that Formula boats are known for, noting that this model offers a great balance of luxury and functionality. Overall, feedback reflects satisfaction with the boat’s combination of style, comfort, and performance.
The Biggest Pros and Cons
The 2003 Formula 370 Super Sport is a high-performance sport cruiser that combines sleek styling with powerful performance. Here are some of its pros and cons:
Pros
Powerful Performance: Equipped with robust engines, the 370 Super Sport delivers impressive speed and acceleration, making it ideal for thrill-seekers.
Sporty Design: The aerodynamic and aggressive styling not only looks great but also enhances handling and stability on the water.
Spacious Layout: Offers ample seating and a well-designed cockpit, providing comfort for family and guests during day trips or longer cruises.
Quality Construction: Built with high-quality materials and attention to detail, ensuring durability and reliability.
Advanced Features: Includes modern conveniences and instrumentation for ease of operation and an enjoyable boating experience.
Cons
Fuel Consumption: Due to its performance-oriented engines, fuel efficiency may be lower compared to more economy-focused cruisers.
Limited Cabin Space: While comfortable for day cruising, the cabin may feel somewhat compact for extended overnight stays.
Maintenance Costs: High-performance boats often require more specialized maintenance, which can result in higher upkeep expenses.
Price Point: The combination of performance and features can place this model at a higher price range within its class.
Made For
The 2003 Formula 370 Super Sport is designed for boating enthusiasts who seek a perfect blend of luxury, performance, and spaciousness. Ideal for families and groups who enjoy entertaining on the water, this model offers ample seating and high-end amenities. It's perfect for those who appreciate powerful engines coupled with sleek design, making it suitable for both relaxing cruises and thrilling high-speed adventures. Whether you're hosting social gatherings or exploring open waters, the 370 Super Sport caters to boaters who want style, comfort, and versatility in one impressive package.
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| $80,000 | $80,000 | $99,500 | $49,500 | $44,900 | $39,500 |
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Meet the Broker
Address
Boat Location
Contact Merri-Mar Yacht Basin, Inc about 2003 Formula 370 Super Sport
364 Merrimac St, Newburyport, MA, 01950
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