2006 Formula 370 Super Sport Boat in Afton, OK 74331 US

$125,900

Used
builtBuilt in 2006
Year the boat was built
model

370 Super Sport

Boat model
engine

1 Engine (--)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Other

Hull material
Nominal Length
37ft
Length Overall
37ft
Hull Material
other
Engine 1
Engine Model
Mercruiser 496 Mag HO
Fuel Type
gasoline

Price History

DateEventPrice
3/23/26Price decreased$125,900(-6.7%)
3/6/26Initial price$134,900

Contact Arrowhead Boat Sales

32894 South 4507 Road, Grand Lake, OK, 74331

Boattest.com Review

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.

Overview from around the web 2006 Formula 370 Super Sport

Customers praise the 2006 Formula 370 Super Sport for its powerful performance and sleek design

Many highlight its impressive speed and handling, making it a favorite for both cruising and watersports. The spacious and well-appointed cockpit receives compliments for comfort and style, while the quality craftsmanship and attention to detail throughout the boat are frequently noted. Owners also appreciate the reliable engines and smooth ride, making it a standout choice in its class. Overall, the 2006 Formula 370 Super Sport is celebrated for combining luxury, performance, and practicality on the water.

The Biggest Pros and Cons

The 2006 Formula 370 Super Sport is a high-performance luxury sport cruiser known for its sleek design and 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 acceleration, making it ideal for enthusiasts who enjoy sporty boating.

Luxurious Interior: The boat features high-quality materials and stylish finishes, providing a comfortable and upscale environment for passengers.

Spacious Layout: With ample seating and well-designed living spaces, it accommodates families and groups comfortably for day trips or overnight stays.

Advanced Features: Includes modern amenities such as a comprehensive entertainment system, air conditioning, and high-tech navigation instruments.

Handling and Stability: The hull design ensures smooth handling and stability even in moderately rough waters, enhancing safety and comfort.

Cons

Fuel Consumption: Given its powerful engines, the 370 Super Sport can be relatively fuel-intensive, which may increase operating costs.

Maintenance Costs: Luxury finishes and advanced systems can lead to higher maintenance and repair expenses compared to simpler boats.

Limited Storage: While spacious for passengers, storage compartments may be somewhat limited for extended cruising or carrying large amounts of gear.

Draft: The boat’s draft may restrict access to very shallow waters, limiting some anchoring or docking options.

Price Point: As a premium sport cruiser, the initial purchase price can be higher than comparable models in its class.

Made For

The 2006 Formula 370 Super Sport is designed for boating enthusiasts who seek a high-performance, luxurious sport yacht that combines speed, style, and comfort. It's ideal for those who enjoy entertaining guests on the water, value advanced engineering and sleek design, and want a versatile vessel suitable for both exhilarating cruising and relaxing day trips. Whether you're a seasoned boater or looking to elevate your on-water experience, this model offers the perfect blend of power and elegance.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2006 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 Unspecified 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$ 107,015
Total Payment$191,338.85
Monthly payment
$797.25/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2006 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 Unspecified 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$ 107,015
Total Payment$191,338.85
Monthly payment
$797.25/mo

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Price
Location
Nominal Length
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

32894 South 4507 Road
Grand Lake, OK 74331

Boat Location

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