2003 Formula 40 Performance Cruiser Boat in Frankfort, MI US
40 Performance Cruiser
1 Engine (Mercriser)
40 feet
Gas
Fiberglass/Reinforced
The Formula 40 Performance Cruiser is one of the most sought-after express cruisers in her class, combining Formula's legendary offshore performance with an exceptionally comfortable and luxurious interior. Built on Formula's proven deep-V hull, she delivers a smooth, confident ride while offering all the amenities needed for extended weekends on the water.
Powered by twin MerCruiser 8.1L HO 420 HP gasoline inboards, this 40 PC provides outstanding acceleration, dependable performance, and effortless cruising. Whether you're entertaining at the dock, cruising the Great Lakes, or spending weekends aboard, this Formula offers an excellent balance of speed, comfort, and quality craftsmanship.
Highlights
Twin MerCruiser 8.1L HO 420 HP gasoline engines
Proven deep-V Formula performance hull
Spacious cockpit designed for entertaining
Large integrated swim platform with transom storage
Electric windlass with bow access through walk-through windshield
Radar arch with full camper canvas enclosure
Generator
Air conditioning & reverse-cycle heat
Wet bar with cockpit refrigerator/ice maker
Comfortable overnight accommodations for family and guests
Interior
Below deck, the Formula features a beautifully finished cherry wood interior with over 6'9" of headroom. The open cabin layout creates a spacious feel while providing all the comforts of home.
Features include:
Private forward island berth
Convertible salon dinette
Mid-cabin lounge that converts to a double berth
Full-service galley with refrigerator, microwave, cooktop, sink, and ample storage
Enclosed head with separate shower
Air conditioning and heat
Entertainment system
Helm & Cockpit
The helm offers excellent visibility with dual adjustable helm seating and an ergonomic dash layout. The expansive cockpit is ideal for entertaining with abundant seating, a wet bar, and easy access to the swim platform.
Specifications
Year: 2003
Manufacturer: Formula
Model: 40 Performance Cruiser (40 PC)
Length Overall: 42'7"
Beam: 12'8"
Draft: 35"
Fuel Capacity: 250 gallons
Fresh Water Capacity: 55 gallons
Holding Tank: 57 gallons
Hull: Fiberglass Deep-V
Engines: Twin MerCruiser 8.1L HO 420 HP Gasoline Inboards
Generator: Yes
Air Conditioning: Yes
Manufacturer's Description
The Formula 40 Performance Cruiser delivers the ideal combination of offshore performance, luxury accommodations, and premium craftsmanship. Her spacious cockpit, upscale cabin, and renowned Formula ride make her equally at home on long-distance cruises, weekend getaways, or entertaining family and friends.
If you're looking for a premium express cruiser with timeless styling, exceptional build quality, and impressive performance, this 2003 Formula 40 Performance Cruiser deserves your attention.
Contact us today for additional information, engine hours, pricing, or to schedule a private showing.
2003 Formula 40 Performance CruiserTwin MerCruiser 8.1L HO 420 HP • Performance, Luxury & Formula Quality
The Formula 40 Performance Cruiser is one of the most sought-after express cruisers in her class, combining Formula's legendary offshore performance with an exceptionally comfortable and luxurious interior. Built on Formula's proven deep-V hull, she delivers a smooth, confident ride while offering all the amenities needed for extended weekends on the water.
Powered by twin MerCruiser 8.1L HO 420 HP gasoline inboards, this 40 PC provides outstanding acceleration, dependable performance, and effortless cruising. Whether you're entertaining at the dock, cruising the Great Lakes, or spending weekends aboard, this Formula offers an excellent balance of speed, comfort, and quality craftsmanship.
Highlights
Twin MerCruiser 8.1L HO 420 HP gasoline engines
Proven deep-V Formula performance hull
Spacious cockpit designed for entertaining
Large integrated swim platform with transom storage
Electric windlass with bow access through walk-through windshield
Radar arch with full camper canvas enclosure
Generator
Air conditioning & reverse-cycle heat
Wet bar with cockpit refrigerator/ice maker
Comfortable overnight accommodations for family and guests
Interior
Below deck, the Formula features a beautifully finished cherry wood interior with over 6'9" of headroom. The open cabin layout creates a spacious feel while providing all the comforts of home.
Features include:
Private forward island berth
Convertible salon dinette
Mid-cabin lounge that converts to a double berth
Full-service galley with refrigerator, microwave, cooktop, sink, and ample storage
Enclosed head with separate shower
Air conditioning and heat
Entertainment system
Helm & Cockpit
The helm offers excellent visibility with dual adjustable helm seating and an ergonomic dash layout. The expansive cockpit is ideal for entertaining with abundant seating, a wet bar, and easy access to the swim platform.
Specifications
Year: 2003
Manufacturer: Formula
Model: 40 Performance Cruiser (40 PC)
Length Overall: 42'7"
Beam: 12'8"
Draft: 35"
Fuel Capacity: 250 gallons
Fresh Water Capacity: 55 gallons
Holding Tank: 57 gallons
Hull: Fiberglass Deep-V
Engines: Twin MerCruiser 8.1L HO 420 HP Gasoline Inboards
Generator: Yes
Air Conditioning: Yes
Manufacturer's Description
The Formula 40 Performance Cruiser delivers the ideal combination of offshore performance, luxury accommodations, and premium craftsmanship. Her spacious cockpit, upscale cabin, and renowned Formula ride make her equally at home on long-distance cruises, weekend getaways, or entertaining family and friends.
If you're looking for a premium express cruiser with timeless styling, exceptional build quality, and impressive performance, this 2003 Formula 40 Performance Cruiser deserves your attention.
Contact us today for additional information, engine hours, pricing, or to schedule a private showing.
Price History
| Date | Event | Price |
|---|---|---|
| 7/23/26 | Initial price | $149,900 |
2003 Formula 40 Performance Cruiser Video Tours
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 2003 Formula 40 Performance Cruiser
The 2003 Formula 40 Performance Cruiser has garnered positive feedback from customers, who often highlight its impressive combination of performance and luxury
Owners appreciate the powerful engines that provide exhilarating speed and smooth handling, making it an ideal choice for both thrilling day trips and relaxed weekend getaways. Many testimonials emphasize the spacious and well-designed interior, which offers comfortable accommodations for both family and friends. The thoughtfully arranged layout includes a fully equipped galley, stylish dining area, and plush sleeping quarters, all adorned with high-quality finishes. Customers often note the attention to detail and craftsmanship that Formula is known for, enhancing the overall boating experience. The Formula 40 is also praised for its innovative features, including a sleek profile, ample storage, and inviting outdoor spaces for entertaining or lounging. The cockpit layout facilitates easy access to controls and promotes a social atmosphere on deck. In summary, owners of the 2003 Formula 40 Performance Cruiser frequently commend its blend of performance, luxury, and thoughtful design, making it a highly regarded choice in the world of performance cruising.
The Biggest Pros and Cons
Pros
Performance-Oriented Design: The Formula 40 is built for speed and agility on the water, making it ideal for enthusiasts seeking thrilling rides.
Spacious Interior: With a well-designed cabin layout, it offers ample space for entertaining and relaxing, accommodating friends and family comfortably.
Quality Craftsmanship: Formula is known for its superior build quality and attention to detail, ensuring durability and longevity in their vessels.
Luxurious Amenities: The interior features high-end finishes, a full galley, and a private head, providing a luxurious experience on board.
Versatile Use: Whether for day cruising or weekend getaways, the Formula 40 can handle various boating activities, catering to both leisure and adventure.
Strong Engine Options: Equipped with powerful engine choices, it delivers strong performance and reliable handling in various conditions.
Good Resale Value: Formula boats are often regarded for their resale value, making them a smart investment in the long run.
Cons
Fuel Consumption: Performance comes at a cost; the powerful engines can lead to higher fuel consumption compared to other cruisers.
Maintenance Requirements: As a high-performance vessel, the Formula 40 may require regular maintenance and care to keep it in optimal condition.
Not Ideal for Shallow Waters: The deep hull design may limit access to shallow areas, making it less suitable for certain types of boating environments.
Price Point: The initial investment can be higher than some competitors, which may deter budget-conscious buyers.
Limited Storage: Although spacious, some users may find storage options to be somewhat limited, especially for longer excursions.
Handling in Rough Waters: While it performs well in calm conditions, the ride may not be as smooth in choppy waters compared to other cruiser types.
Made For
The 2003 Formula 40 Performance Cruiser is designed for boating enthusiasts who seek an exhilarating blend of speed, style, and comfort on the water. Ideal for both seasoned mariners and those looking to elevate their recreational experience, this cruiser caters to individuals and families who appreciate performance without sacrificing luxury. With its sleek lines and powerful twin-engine setup, the Formula 40 is perfect for thrill-seekers who enjoy spirited outings, whether it’s cruising along the coastline or engaging in water sports. Spacious seating and a well-appointed cabin make it equally suitable for entertaining guests or enjoying a weekend getaway, making it an excellent choice for social gatherings or quiet retreats. Adventure seekers will appreciate the stability and handling, while those who prioritize relaxation will find the comfortable accommodations and amenities perfect for unwinding after a day on the water. The 2003 Formula 40 Performance Cruiser truly embodies a versatile vessel that meets the diverse needs of modern boaters.
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2003 Formula 40 Performance Cruiser | ||||||
|---|---|---|---|---|---|---|
| Price | $149,900 | $159,000 | $135,000 | $125,000 | $99,900 | $99,900 |
| Location | Frankfort | Charlevoix | New Baltimore | Harrison Township | Grand Haven | Muskegon |
| Nominal Length | 40' | 43' | 40' | 37' | 34' | 41' |
| Engine Make | Mercriser | - | MerCruiser | MerCruiser | MerCruiser | Cummins |
| Total Engine Power | - | - | 420 hp | 470 hp | 375 hp | 450 hp |
| Days on Market | 24 | 58 | 16 | 18 | 38 | 245 |
| Get in touch |
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Meet the Broker

Address
Boat Location
Contact Bay Harbor about 2003 Formula 40 Performance Cruiser
801 Front Street suit B, Bay Harbor, MI, 49770
























