2001 Formula 40 Performance Cruiser
$99,900
Boat in Michigan City, IL 46360 US
Built in 2001
40 Performance Cruiser
2 Engines (2x MerCruiser)
40 feet
Gas
Fiberglass/Reinforced
Captain Jax key features:
- Hydraulic Swim Platform
- Generator with only 125 hours
- Walk Thru Windshield
This model features a deep-V hull for excellent stability and performance in various sea conditions. The spacious cockpit is perfect for entertaining, equipped with comfortable seating and a wet bar.
Inside, the cabin is well-designed with upscale finishes, offering a full galley, a cozy salon with ample seating, and sleeping accommodations for up to four people in a master stateroom and a guest area.
This 40 PC is powered by twin 425HP MerCruiser 8.1 S HO engines (735 hrs), providing powerful acceleration and smooth cruising at higher speeds in addition to a Kohler generator (125 hrs). Its blend of performance, elegance, and innovative design makes it a popular choice for boating enthusiasts looking for both adventure and relaxation on the water.
-New Isinglass, New Canvas in 2023-New Seats in 2023 with Marine Grade Vinyl-New Bottom Paint, Oxidized, Wax and Polished in 2025-New Aft Bilge Pump in 2024-New Engine hatch motor 2025-Upgraded Mercury Vesselview for bluetooth engine gauges-Upgraded and refinished dining table and stair treads in 2023-Replaced Dometic AC/ Heat in 2019-Replaced Shower head/hose in bathroom and at swim platform in 2023
cruisers are built to high standards, which is to say they
aren’t inexpensive. That’s certainly true of the Formula 40 PC,
a high-end express designed for those who place a priority on
luxury and performance. With her sleek styling, optional hardtop,
and extended swim platform, the Formula is as practical as she is
handsome. It’s her belowdecks accommodations, however, that
set the 40 PC apart from much of the competition. Here, a taste
ful blend of high-gloss cherry joinery, Ultraleather upholstery,
and top-quality hardware and furnishings combine to create an
impressive display of luxury and comfort. Hidden privacy doors
separate the forward stateroom from the main cabin, and the For
mula’s tall headroom gives the impression of a much larger boat.
Topside, an extended swim platform—sturdy enough to carry a
jet bike—makes boarding easy. At the helm, a double flip-up seat
allows the driver to drive while standing. A walk-through wind
shield, transom storage locker, and radar arch are standard.
- Helm Bench Seating for 3
- Radar/Display Raymarine E120
- VHF Raymarine 215
- Raymarine Auto Pilot
- Second VHF in drop down drawer Raymarine 53
- Raytheon Fish Finder 1470
- Tachometers with Analog Hour Meters
- Kenwood Stereo Control
- Windlass Control
- Trim Tab Controls
- Compass
- High Gloss Cherry Cabinetry
- Large Refrigerator
- Separate Freezer with its own door
- Two Burner Electric Cook Top
- Microwave
- Corian Counter Top with Stainless Sink and Moen Pull Out Faucet
- Bult in Trash Receptacle
- Oval Opening Portal
- TV above Counter Top
- Large Separate Shower Compartment
- VacuFlush Toilet
- Long Corian Counter Top
- Large elongated Stainless Sink
- Cabinets above
- Cabinets below Vanity
- Oval Opening Portal
- Exhaust Fan
- Plenty of Mirrors
- Hydraulic Swim Platform
- Walk Thru Windshield
- Windlass(Concealed) with Foot Pedals
- Trim Tabs
- Radar Arch
- Storage Trunk in Transom
- Kohler Generator with only 125 hours
- Four Batteries--centerline in bilge
- Charles 60 Amp Battery Charger
- DC Panel in Salon
- AC Panel in Salon
- Battery Parallel Emergency Switch
- Dual 30 Amp Power Cord Connections in Transom
Price History
| Date | Event | Price |
|---|---|---|
| 5/13/26 | Price decreased | $99,900(-9.9%) |
| 4/17/26 | Initial price | $110,900 |
2001 Formula 40 Performance Cruiser Video Tours
Boattest.com Review
Overview
The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from an average one. Designed with functionality and premium craftsmanship in mind, this model offers a blend of innovative features and thoughtful details that enhance both comfort and usability on the water.
Exterior Design and Cockpit
A standout feature of the Formula 40 PC is its versatile stern section, which significantly enhances the boat's functionality. The stern sunpad is equipped with twin backrests that lock into three distinct positions, allowing it to serve as an aft-facing chaise lounge for sunbathing, an aft-facing seat when at anchor, or additional forward-facing seating for the cockpit. The sunpad lifts on gas shocks to reveal storage space containing a remote control for the swim platform, which doubles as a tender or personal watercraft platform. Also stored here are filler cushions for the U-shaped cockpit seating and cocktail tables, all secured in dedicated cutouts. The cockpit seating is upholstered in Nautilex marine vinyl and includes storage compartments beneath. The cockpit area features flush-mounted stainless steel drink holders and a stereo remote control for convenience. Moving forward, the bow is easily accessible via a walk-through windshield, with ample handholds and a solid, non-skid deck that resists flexing, reflecting the build quality typical of premium yachts.
Interior Living Spaces
Inside, the galley is thoughtfully arranged on the port side, featuring a coffee docking station and generous countertop space measuring approximately 29.5 by 30 inches. The galley includes a two-burner electric stove with a safety micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. The cabinetry showcases dovetail joinery on all drawers, a hallmark of quality craftsmanship. The main cabin benefits from three port lights that provide natural light and ventilation. Privacy is enhanced by an innovative lighting system with dimmable uplights and adjustable covers that direct light downward, surpassing the typical curtain solutions found on many boats. Additional interior features include cedar-lined lockers behind mirrored hatches and a port-side cabinet containing a privacy safe and dovetailed drawers that retract smoothly when closed.
Private Accommodations
The forward berth offers ample storage with two pull-out drawers beneath the bed, incorporating the same automatic retraction mechanism as other drawers on board. Overhead, a hatch provides natural light, ventilation with a sliding screen, and serves as an emergency escape route. The aft cabins stand out as particularly comfortable spaces, furnished with ultra-leather seating and equipped with a 19-inch LCD television on the port side. These cabins include substantial storage, including dedicated compartments for pedestals that convert the space into additional berths. The cabins provide about five feet of overhead clearance, with a sole extension that allows occupants to stand naturally without head clearance issues.
Conclusion
The Formula 40 PC by Formula demonstrates a clear commitment to upscale design and functionality. From its adaptable stern sunpad and solid deck construction to its well-appointed galley and comfortable private accommodations, this yacht offers a premium boating experience. The attention to detail in storage solutions, lighting, and materials underscores the difference that quality craftsmanship makes in a cruiser of this class.
Overview from around the web 2001 Formula 40 Performance Cruiser
The 2001 Formula 40 Performance Cruiser has garnered positive feedback from customers who appreciate its sleek design, powerful performance, and luxurious amenities
Owners often highlight the boat's impressive speed and stability on the water, making it a thrilling choice for both leisurely cruising and spirited performance. Many praise the spacious cockpit and well-appointed interior, featuring high-quality furnishings and a thoughtful layout that maximizes comfort. The galley is frequently noted for its functionality, equipped with modern appliances that make entertaining a breeze. Additionally, the advanced navigation and entertainment systems enhance the overall boating experience, allowing for seamless outings. Customer reviews also mention the attention to detail in craftsmanship, which contributes to the boat’s enduring appeal. The combination of performance and comfort has made the Formula 40 a popular choice among both seasoned boaters and those new to the cruising lifestyle. Overall, the 2001 Formula 40 Performance Cruiser continues to impress with its blend of power, luxury, and reliability.
The Biggest Pros and Cons
Pros
Performance-Oriented Design: The Formula 40 is known for its sleek lines and performance-driven hull, making it a joy to handle on the water, whether cruising or during competitive outings.
Spacious Layout: Designed with comfort in mind, the interior layout features ample space for social gatherings and relaxation, accommodating family and friends with ease.
Quality Construction: Built by Formula, the boat is made from high-quality materials, ensuring durability and longevity even in challenging waters.
Powerful Engine Options: With various engine configurations available, the Formula 40 can offer impressive speed and acceleration, appealing to those who enjoy fast cruising.
Luxurious Amenities: The vessel comes equipped with modern features such as a well-appointed galley, comfortable sleeping quarters, and a stylish cockpit area, providing a blend of style and functionality.
Excellent Stability: The design promotes stability in rough waters, enhancing the overall safety and comfort of your cruising experience.
Cons
Maintenance Requirements: As with any high-performance vessel, the Formula 40 may require more maintenance than standard cruisers, particularly with its engines and mechanical systems.
Fuel Consumption: The powerful engines can lead to higher fuel consumption, which can be a consideration for long-distance cruising.
Price Point: Depending on the condition and features, the Formula 40 may be priced higher than similar models, which can be a consideration for budget-conscious buyers.
Storage Limitations: While spacious, the storage compartments may still be limited for extended trips or for those bringing along a lot of gear, requiring careful packing.
Draft Depth: The performance hull may have a deeper draft that can limit access to shallower marinas and anchorage spots, especially in coastal regions.
Steeper Learning Curve: The performance capabilities may be challenging for novice boaters, requiring some experience to handle effectively, especially at high speeds.
Made For
The 2001 Formula 40 Performance Cruiser is designed for those who seek the perfect blend of luxury, performance, and versatility on the water. Ideal for cruising enthusiasts, families, and those who appreciate high-quality craftsmanship, this boat caters to individuals who prioritize both speed and comfort. With its sleek, aerodynamic design, this performance cruiser satisfies thrill-seekers who crave exhilarating moments on the open sea, while also providing spacious and elegantly appointed interiors for relaxing getaways. It's perfect for weekend adventurers looking to entertain friends and family, as well as those who wish to indulge in longer excursions without compromising on comfort. Whether you're an experienced sailor or new to yachting, the Formula 40 Performance Cruiser offers an unparalleled experience for anyone who values style, performance, and unforgettable moments on the water. Experience the ultimate in coastal cruising with this exceptional vessel.
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 2001 Formula 40 Performance Cruiser | |||||
|---|---|---|---|---|---|
| $99,900 | $99,995 | $95,000 | $105,000 | $110,000 | $82,995 |
| Michigan City | Lake In The Hills | Chicago | Elgin | Chicago | Lake In The Hills |
| 40' | 38' | 40' | 37' | 34' | 33' |
| 3' | - | - | - | - | - |
| MerCruiser | Mercruiser/Custom | - | Mercruiser | MerCruiser | custom |
| 425 hp | - | - | 425 hp | - | 750 hp |
| 43 | 32 | 18 | 74 | 333 | 78 |
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Meet the Broker
Address
Boat Location
Contact Precision Yacht Sales LLC. about 2001 Formula 40 Performance Cruiser
350 E. Michigan Ave. Suite 500, Kalamazoo, MI, 49007
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