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2005 Formula 370 Super Sport Sold Boat in Chatham, ON CA

$134,500

Used
We will let you know when another 2005 Formula 370 Super Sport is available in Chatham, ON
builtBuilt in 2005
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

Other Formula boats for sale in Ontario, Canada

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

BOASTING ALL OF THE MOST SOUGHT AFTER OPTIONS THIS 2005 FORMULA 370 SUPER SPORT OFFERS AN EXCELLENT CONSIDERATION -- PLEASE SEE FULL SPECS FOR COMPLETE LISTING DETAILS.

Features Twin MerCruiser 496-Magnum (High Output) 425-hp Gas Engine's with Bravo III Sterndrives and only 310 original hours.  Notable features include but are not limited to the following:  Bow Thruster, Air-Conditioning & Heat, Head (Vacuflush) w/Vanity/Sink/Shower, Kohler 5.0kw Generator (90-Hours), Windlass Anchor w/Polished Stainless-Steel Anchor, Cockpit Wet Bar w/Sink/Refrigerator, Raymarine (Color) Radar w/GPS/Chartplotter, Simrad Autopilot, Premium Sound System, Flexiteak Cockpit Floor, Extended Swim Platform with Flexiteak. Power Engine Hatch Lift, New stereo in 2016, updated graghics, new bottom paint in 2018, new tops, full camper is like new and MUCH more!

Broker Notes:  Sale includes owners manuals / maintenance records.  Located in Chatham, Ontario, contact listing agent directly to coordinate a visit!

The PowerBoat Guide had this to say:

The Formula 370 Super Sport is a sleek, aggressively styled sport-cruiser with an enviable combination of superior construction, first-rate accommodations and excellent open- water performance. Sheââ?¬â?¢s basically a Euro-style sportboat with considerably more cockpit spaceââ?¬â??and less interior volumeââ?¬â??than traditional express cruisers. Performance is important in a boat like this, and the 370ââ?¬â?¢s narrow beam and high-speed stepped hull deliver the fast ride and luxurious accommodations that few other sportboats can match. Her spacious and well-equipped cockpit provides seating and amenities for a small crowd. A removable cocktail table stores in a transom storage locker, and a cockpit galley comes complete with a sink, cooler and refrigerator. The cabin of the 370ââ?¬â??among the more impressive in her classââ?¬â?? includes a wraparound V-berth/dinette forward, mid-berth cabin aft, and a compact galley to port with stove and refrigerator. Additional features include a walk-through windshield, transom shower, tilt steering, and a flip-up bolster seat at the helm. Fit and finish is very good.

Contact

Chatham, ON

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 2005 Formula 370 Super Sport

Customers are praising the 2005 Formula 370 Super Sport for its exceptional performance and stylish design

Many owners commend its powerful twin-engine setup, which delivers thrilling acceleration and a smooth, confident ride on the water. The vessel's impressive handling and stability during high-speed cruising have earned it favorable reviews among boating enthusiasts. The luxurious interior is often highlighted, with spacious seating, high-quality upholstery, and modern amenities that make it perfect for entertaining or relaxing on the water. Owners appreciate the thoughtful layout, which maximizes both comfort and functionality, including well-equipped galley and head areas. Furthermore, the reliability and build quality associated with the Formula brand have garnered positive feedback, as many users report minimal maintenance issues over the years. The sleek exterior design and vibrant color options also contribute to its visual appeal, making it a standout choice among performance boats. Overall, the 2005 Formula 370 Super Sport is celebrated for its blend of power, comfort, and style, making it a favorite among those looking for a high-performance boating experience.

The Biggest Pros and Cons

2005 Formula 370 Super Sport: Pros and Cons

Pros

Performance: The Formula 370 Super Sport is known for its impressive speed and agility on the water, thanks to its powerful twin-engine setup. This makes it a thrilling choice for those who enjoy high-performance boating.

Design and Build Quality: Built with meticulous attention to detail, the Formula 370 boasts a sleek and stylish design. Its high-quality construction materials ensure longevity and durability, which is essential for any sport boat.

Comfortable Interior: The cabin features luxurious amenities, including comfortable seating, a fully equipped galley, and an enclosed head. This makes it suitable for both day trips and extended overnight outings.

Spacious Cockpit: The spacious cockpit area is perfect for entertaining guests, with ample seating and a well-designed layout that promotes social interactions while cruising.

Handling: The boat is known for its excellent handling and stability, making it suitable for various water conditions, providing a confident and smooth ride.

Customization Options: Owners often have the opportunity to customize their Formula 370 with various options and upgrades, allowing for personalization to fit their specific boating needs.

Cons

Fuel Consumption: With powerful engines comes increased fuel consumption. The 370 Super Sport may not be the most fuel-efficient option, particularly for those who plan to spend extended periods on the water.

Cost of Maintenance: Owning a high-performance boat like the Formula 370 can lead to higher maintenance costs, including servicing the engines and maintaining the high-quality finishes and features.

Size and Trailer Compatibility: At over 37 feet long, this boat can be challenging to trailer and store, which may limit opportunities for those who prefer to transport their boat frequently.

Steep Learning Curve: New boaters might find the performance capabilities overwhelming at first. It requires a certain level of skill and experience to handle effectively, especially in rougher waters.

Limited Sleeping Capacity: While the cabin is comfortable, it is designed for a limited number of guests overnight, which may not meet the needs of larger groups looking for extended excursions.

Made For

The 2005 Formula 370 Super Sport is designed for boating enthusiasts who crave performance and luxury on the water. Ideal for those who appreciate a blend of speed, style, and comfort, this vessel appeals to both thrill-seekers and those looking to entertain. With its powerful twin engine setup, it offers exhilarating speed, making it perfect for water sports, coastal cruising, or simply enjoying a day out with family and friends. The spacious cockpit and plush seating allow for comfortable gatherings, while the carefully crafted interior provides a luxurious retreat. This model is especially suited for those who value high-end craftsmanship and cutting-edge design, as well as the reliability and performance that Formula is known for. Whether you're an experienced boater or new to the world of powerboats, the Formula 370 Super Sport invites you to explore the open waters in style and luxury.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 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 Sail Cruiser 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$ 114,325
Total Payment$204,408.85
Monthly payment
$851.70/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 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 Sail Cruiser 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$ 114,325
Total Payment$204,408.85
Monthly payment
$851.70/mo

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Meet the Broker

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Address

Chatham, ON

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