2024 Formula 500 Super Sport Crossover

$2,599,995

Used

Boat in Stuart, FL 34994 US

builtBuilt in 2024
Year the boat was built
model

500 Super Sport Crossover

Boat model
engine

4 Engines (4x Mercury)

Engine type and count
length

50 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
50ft
Length Overall
53.33ft
Beam
14.5ft
Max Bridge Clearance
11.83ft
Max Draft
4.25ft
Cabin Headroom
6.58ft
Deadrise At Transom
19deg
Dry Weight
43400lb
Heads
1
Fresh Water Tanks
100gal
Fuel Tanks
650gal
Holding Tanks
60gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercury
Engine Model
VERADO 600 JPO
Engine Hours
175
Engine Type
outboard
Fuel Type
gasoline
Engine 2
Engine Make
Mercury
Engine Model
VERADO 600 JPO
Engine Hours
175
Engine Type
outboard
Fuel Type
gasoline
Engine 3
Engine Make
Mercury
Engine Model
VERADO 600 JPO
Engine Hours
175
Engine Type
outboard
Fuel Type
gasoline
Engine 4
Engine Make
Mercury
Engine Model
VERADO 600 JPO
Engine Hours
175
Engine Type
outboard
Fuel Type
gasoline
Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
11/27/25Initial price$2,599,995

Contact Formula Boats

2200 West Monroe Street, Decatur, IN, 46733

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

The Formula 500 SSC represents the newest flagship model from Formula Boats, distinguished by its powerful propulsion system comprising four Mercury 600 horsepower V12 engines. This setup delivers a combined 2,400 horsepower, making it a notable vessel in terms of power and engineering innovation.

Engine Configuration and Transom Features

The 500 SSC's propulsion system is unique in that the engines themselves do not turn; instead, the lower units provide steering. This innovation allows the four Mercury V12 engines to be spaced just four inches apart, a tight configuration that enhances performance and serviceability. The transom area is designed with practicality in mind, featuring pull-up cleats, grab handles, shore power with an electric cord reel, and easy access to engine parallel batteries, freshwater flush systems, and emergency engine stops. The swim platforms extend 7 feet 5 inches from the transom and are 18 inches wide, with extensions on both sides to facilitate access to the propellers. The entire engine cowling is removable for maintenance, and the fly-by-wire steering system eliminates hydraulic components, resulting in a clean and efficient installation.

Operational Compartments and Systems

Beneath the transom, an expansive storage compartment houses critical operational components. Engine start batteries are positioned at the rear, while a large C-chest minimizes through-hull fittings to just two: an active scoop that pressurizes the chest underway and a passive through-hull for water intake at rest and overflow. The port side contains the hot water heater and house batteries, with two fuel tanks centrally located around the SeaKeeper 9 gyro-stabilizer. Forward of these is a 16kW generator. Additional equipment includes a Dometic compressor for an under-seat cooler chiller and a Glendening cord reel, all arranged for efficient access and maintenance.

Helm and Bridge Features

The helm area is ergonomically designed with advanced technology and user comfort in mind. It features two 24-inch Raymarine multifunction displays, a 12-inch touchscreen for boat systems switching, and a 9-inch Mercury Vessel View display. The steering wheel is mounted on a tilt base, and ventilation controls are intuitively placed with pull-in and push-out operation. Multiple footrests accommodate different operator preferences, and inductive charging stations are available for devices. The helm includes controls for the SeaKeeper gyro, sunroof operation with one-touch open and close, air boost for ventilation, and windshield defoggers. The throttle control binnacle integrates individual trim buttons, collective trim, and one-touch engine start functions. Joystick control is positioned for ease of use, complemented by switches for power vents that scoop fresh air forward and a mast antenna that lowers to improve bridge clearance by over nine feet. Seating behind the helm is triple-wide with individual flip-up bolsters and dedicated air conditioning vents.

Deck and Foredeck Equipment

The forward deck is equipped with three pop-up cleats per side and a lift-and-lock forepeak hatch. The anchoring system includes a Lumar windlass with a chain rode leading to a through-stem polished stainless steel anchor. Washdown facilities and windlass controls are conveniently located, and the underside of the hatches are finished, reflecting Formula's attention to detail.

Performance and Handling

During sea trials, the Formula 500 SSC demonstrated its substantial weight and power characteristics, with an overall length of 53 feet 4 inches, a beam of 14 feet 6 inches, and a draft of 51 inches. The test weight, including fuel and crew, was approximately 48,370 pounds. Powered by four Mercury 600 horsepower 7.6-liter V12 Verado engines with 33-pitch propellers, the boat reached a top speed of 66.4 miles per hour at 6,400 RPM. The most efficient cruise speed was 50 miles per hour at 5,000 RPM, yielding a fuel consumption of 117.5 gallons per hour and a range of 249 miles with a 10% fuel reserve from the 650-gallon capacity. Notably, the two-speed transmissions on the engines result in a decrease in fuel burn as speed increases between 4,000 and 4,500 RPM, an unusual and beneficial characteristic. The vessel planes efficiently down to 18.3 miles per hour with a fuel burn of 61.6 gallons per hour. Acceleration metrics include a time to plane of 6.6 seconds, 0-20 mph in 5.8 seconds, 0-30 mph in 10.4 seconds, and passing 40 mph in 14.6 seconds.

Noise and Maneuverability

One of the most remarkable aspects of the 500 SSC is its quiet operation. At 40 miles per hour and 4,200 RPM, ambient noise measured only 73 decibels, barely above conversational level, with most sound contained underwater and behind the boat. The steering system, which operates underwater, requires some adjustment for operators accustomed to visible engine movement but provides precise control. The boat handles hard turns at 50 miles per hour with no ventilation issues or ventilation loss, maintaining stability and control. The two-speed transmissions engage smoothly without noticeable shifts, providing increased torque at lower speeds and improved efficiency at cruising speeds. Shifting is silent and seamless, with no clunks or jolts.

Fuel System and Docking

The fuel system is designed with redundancy in mind, splitting the four engines between two fuel tanks—two engines draw from one tank and the other two from the second. This arrangement ensures continued operation even if one tank becomes contaminated. Docking maneuvers benefit from a well-calibrated joystick that compensates for the boat's weight, allowing for smooth and even control despite the engines' underwater steering configuration.

Conclusion

The Formula 500 SSC is a sophisticated and powerful flagship vessel that showcases innovative engineering, particularly in its propulsion and steering systems. Its combination of high horsepower, efficient fuel consumption, quiet operation, and refined handling make it a standout in its class. The close collaboration between Formula and Mercury has resulted in a boat that not only performs impressively but also offers practical features and operational ease. While the interior accommodations were not covered in this evaluation, the 500 SSC's performance and design merit attention from serious boating enthusiasts.

Overview from around the web 2024 Formula 500 Super Sport Crossover

Customers are praising the 2024 Formula 500 Super Sport Crossover for its exceptional blend of performance and luxury

Many highlight its powerful engine and smooth handling, making it a thrill to drive both on open waters and in more challenging conditions. The spacious and thoughtfully designed cockpit receives high marks for comfort and advanced features, providing an enjoyable experience for both drivers and passengers. Reviewers also appreciate the high-quality craftsmanship and attention to detail throughout the boat, noting that it delivers excellent value for those seeking a versatile, high-performance vessel. Overall, owners commend the Formula 500 Super Sport Crossover for its reliability, style, and innovative design.

The Biggest Pros and Cons

The 2024 Formula 500 Super Sport Crossover offers a compelling blend of performance, style, and versatility. Here are some of the key pros and cons to consider:

Pros

Powerful Performance: Equipped with a high-performance engine, the 500 Super Sport Crossover delivers impressive speed and acceleration, making it ideal for thrill-seekers and those who enjoy spirited boating.

Sporty Design: Its sleek, aggressive styling stands out on the water, combining modern aesthetics with functional aerodynamics.

Versatile Layout: The crossover design offers a spacious and flexible cockpit, suitable for both high-speed cruising and comfortable day outings with family and friends.

Advanced Technology: Features state-of-the-art navigation, entertainment systems, and driver assistance technologies that enhance safety and enjoyment.

Quality Build: Built with premium materials and craftsmanship, the boat ensures durability and a luxurious onboard experience.

Cons

Price Point: As a premium performance boat, the 500 Super Sport Crossover comes with a higher price tag, which may be a consideration for budget-conscious buyers.

Fuel Consumption: The powerful engine, while delivering great performance, may result in higher fuel consumption compared to more economy-focused models.

Handling in Rough Waters: While excellent in calm conditions, the sporty hull design might be less forgiving in choppy or rough water situations, potentially impacting comfort.

Limited Storage: The emphasis on sporty design and passenger space can lead to less available storage for gear and equipment.

Made For

The 2024 Formula 500 Super Sport Crossover is designed for boating enthusiasts who seek the perfect blend of high-performance speed and versatile comfort. It’s ideal for individuals and families who want a stylish, powerful boat that excels in both thrilling day cruises and relaxing, social outings on the water. Whether you’re an adrenaline lover looking to push limits or someone who values spacious seating and premium amenities, this model caters to those who appreciate luxury, innovation, and a dynamic boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2024 Formula 500 Super Sport Crossover. 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 Power Cruiser 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.
Monthly payment
$16,464.13/mo
$
$
%
Principal Loan Amount$ 2,209,996
Total Payment$3,951,390.76

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2024 Formula 500 Super Sport Crossover. 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 Power Cruiser 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.
Monthly payment
$16,464.13/mo
$
$
%
Principal Loan Amount$ 2,209,996
Total Payment$3,951,390.76

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Price
Location
Nominal Length
Draft
Engine Make
Total Engine Power
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Meet the Broker

Address

2200 West Monroe Street
Decatur, IN 46733

Boat Location

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