2005 Formula 370 Super Sport Boat in Elgin, IL 60124 US
Built in 2005
370 Super Sport
2 Engines (2x Mercruiser)
37 feet
Gas
Fiberglass/Reinforced
Very well kept and clean boat owned since 2014 with extensive updates and improvements. All service is up to date and the boat needs nothing. Features a custom extended swim platform. Spacious cockpit with wraparound seating and table, plus comfortable cabin accommodations below with reverse cycle air conditioning and heat. Comes with a full cover, Bimini, and camper canvas - all in great condition.
Power: Twin MerCruiser 496 MAG HO (425 HP each)
Engine hours: 759
Generator hours: 556
Major Updates (2022):
- Garmin MFD x2
- Garmin Radar
- Garmin Autopilot
- Mercury VesselView 7
- All new JL Audio Speakers, subwoofer, and amplifiers
- Fusion Head unit and remotes
- New vinyl upholstery (factory matching material and colors)
- New SeaDek
- New Cabin flooring and carpet
- Upper and lower drive units rebuilt in 2019
- Bottom painted with Zyrex Epoxy Paint (increases speed, efficiency, and protects hull from blistering)
- Central Vacuum
- Trailer excluded, but available for separate purchase.
- Trailer
Price History
| Date | Event | Price |
|---|---|---|
| 5/12/26 | Price decreased | $105,000(-15.9%) |
| 3/17/26 | Initial price | $124,900 |
2005 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 2005 Formula 370 Super Sport
Customers praise the 2005 Formula 370 Super Sport for its powerful performance and sleek design
Many highlight its smooth handling and strong propulsion, making it ideal for both cruising and water sports. The spacious and well-appointed cockpit receives compliments for comfort and functionality, while the quality craftsmanship and attention to detail throughout the boat are frequently noted. Owners also appreciate the reliable build and durable materials, which contribute to a satisfying boating experience season after season. Overall, the 2005 Formula 370 Super Sport is celebrated for combining luxury, performance, and versatility on the water.
The Biggest Pros and Cons
The 2005 Formula 370 Super Sport is a high-performance sport cruiser that combines sleek design with powerful capabilities. 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 Cockpit: The boat offers a roomy and comfortable cockpit area with ample seating, perfect for entertaining guests or enjoying family outings.
Quality Construction: Known for its solid build and attention to detail, Formula boats provide durability and reliability on the water.
Luxurious Amenities: Features such as a well-appointed cabin, full galley, and a spacious head make overnight stays convenient and comfortable.
Sporty Styling: The sleek, aggressive lines and sporty design turn heads and enhance the overall boating experience.
Cons
Fuel Consumption: Due to its high-performance engines, the 370 Super Sport can have higher fuel consumption compared to more economy-focused cruisers.
Maintenance Costs: Premium features and powerful engines may lead to higher maintenance and upkeep expenses.
Limited Cabin Headroom: While the cabin is well-equipped, taller individuals might find the headroom somewhat restrictive.
Size Limitations: At just under 38 feet, it offers good space but may feel compact for those accustomed to larger yachts.
Made For
The 2005 Formula 370 Super Sport is designed for boating enthusiasts who seek a perfect blend of high performance, luxury, and spacious comfort. Ideal for those who enjoy exhilarating speed on the water without sacrificing style or amenities, this model caters to families, entertaining hosts, and serious cruisers alike. Whether you're planning day trips with friends or extended outings, the 370 Super Sport offers versatility and sophistication for a superior boating experience.
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Meet the Broker
Address
Boat Location
Contact Jefferson Beach Yacht Sales about 2005 Formula 370 Super Sport
24400 Jefferson, St. Clair Shores, MI, 48080
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