2007 Formula 370 Super Sport Boat in Severna Park, MD US
370 Super Sport
2 Engines (2x Volvo Penta)
38 feet
Gas
Fiberglass/Reinforced
Offered for sale is this 2007 Formula 370 Super Sport, a rare opportunity to own a one-owner boat that has been lift kept since new and cared for by the same family throughout its life. The ownership history alone sets this boat apart from many others on the market.
Powered by twin Volvo Penta 8.1L engines and equipped with a generator, this 370 SS delivers the performance, reliability, and comfort that made Formula one of the most respected names in the performance cruiser market.
Notable Features:
- Risers and Manifolds recently replaced
- Outdrives replaced with new OceanX outdrives
- Kohler generator
- RayMarine chart plotter with radar
- Twin Volvo Penta 8.1L engines
- Full cockpit cover
- Cockpit fridge
- Central Vac system in the cabin
- Enclosed head and galley
- And much more!
If you're searching for a 370 Super Sport, you already know these boats are highly sought after for their build quality and versatility. Finding one with documented single ownership and a lifetime of lift-kept storage is a rare opportunity. There's still plenty of boating left in the season, do not miss this one! Call the listing broker today to schedule a showing.
Price History
| Date | Event | Price |
|---|---|---|
| 6/18/26 | Initial price | $124,900 |
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
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Boats For Sale in Maryland, United States Similar to the 2007 Formula 370 Super Sport
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2007 Formula 370 Super Sport | |||||
|---|---|---|---|---|---|
| $124,900 | $122,900 | $139,900 | $144,900 | $99,900 | $99,000 |
| Severna Park | Edgewater | Chester | Annapolis | North East | Chesapeake City |
| 38' | 30' | 27' | 35' | 32' | 34' |
| 3' | - | - | - | - | - |
| Volvo Penta | Mercury | Mercury | VOLVO | - | Mercruiser |
| 375 hp | 250 hp | 400 hp | 380 hp | - | 370 hp |
| 2 | 227 | 68 | 338 | 394 | 29 |
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Meet the Broker

Address
Boat Location
Contact Yacht Brokers of Annapolis about 2007 Formula 370 Super Sport
8 Anne Court, Severna Park, MD, 21146




































































