1998 Formula FASTECH Sold Boat in Oshkosh, WI 54904 US

$84,995

Used
We will let you know when another 1998 Formula FASTECH is available in Oshkosh, WI
builtBuilt in 1998
Year the boat was built
model

FASTECH

Boat model
engine

3 Engines (3x MERCURY)

Engine type and count
length

41 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
41ft
Length Overall
41ft
Hull Material
fiberglass
Hull Shape
other
Engine 1
Engine Make
MERCURY
Total Power
500hp
Engine Hours
1090
Fuel Type
gasoline
Engine 2
Engine Make
MERCURY
Total Power
500hp
Engine Hours
1090
Fuel Type
gasoline
Engine 3
Engine Make
MERCURY
Total Power
500hp
Engine Hours
1090
Fuel Type
gasoline

Price History

DateEventPrice
11/14/25Initial price$84,995

Contact SkipperBud's Oshkosh

Oshkosh, WI, 54904

Formula FASTECH: BoatTEST Review

Reviewed by Jeff Hammond

Boat Test Review on BoatTest.com

Overview

The Formula 353 Fastech represents a notable collaboration between Formula and Ilmor, introducing Ilmor's new 570 horsepower 454 small block crossover engines. This model stands out as one of the most visually striking releases from Formula, featuring the innovative Stiletto graphics package applied with Imron paint rather than decals. The 353 Fastech aims to offer a competitively priced high-performance option within the Formula lineup, leveraging the power and efficiency of these newly developed engines.

Engine and Mechanical Features

Under the engine hatch reside the first two production units of Ilmor's 570 horsepower 454 small block engines, each weighing approximately 830 pounds. These engines fill a performance gap between Ilmor's 522 horsepower V8 and 650 horsepower V10 models. The installation in the 353 Fastech is well-executed, with easily accessible daily maintenance points such as forward-facing air cleaners and visible serpentine belts for inspection. A distinctive feature includes oil filters mounted directly to drip trays, enhancing cleanliness during servicing. Safety and convenience are addressed with a standard automatic discharge fire extinguisher, properly double-clamped hoses, clearly labeled ball valves, and power trim pumps positioned on the forward bulkhead. Electrical systems include a standard 50 amp battery charger, with battery switches and circuit breakers neatly located beneath the aft bench seat.

Exterior and Helm Design

The cockpit layout features McLeod Performance wraparound seats for both captain and passenger, designed for sustained high-speed comfort. These seats electrically lower to function as leaning posts, with adjustable footrests but fixed fore-and-aft positioning. Safety is enhanced by grab handles positioned behind the seats for standing passengers. The helm is finished with a color-matched carbon fiber treatment protected by a plastic overlay. Instrumentation includes an optional Garmin 740S GPS chartplotter, Ilmor's customizable multi-function engine displays, large Levorsi Monster and Redline analog tachometers, a fuel gauge, and a flush-mounted compass. Controls consist of dual chromed shift and throttle levers with integrated out-drive trim, supplemented by separate rocker switches for out-drive and trim tabs. Access to the bow is achieved by stepping over a low-profile windshield leading to a long foredeck and anchor hatch, though no anchor windlass is installed, deemed unnecessary due to weight considerations. Side rails are minimal and primarily aesthetic, while Formula's signature step-tall hull design reduces surface friction to enhance speed.

Performance and Handling

The Formula 353 Fastech measures 35 feet 3 inches in length overall, with a beam of 8 feet 3 inches and a draft of 36 inches. During testing, the boat's displacement was 10,650 pounds, accounting for fuel, water, and two occupants. Equipped with Mercury Racing Maximus 15.25 by 25 five-bladed props and a 1.5 to 1 gear reduction, the twin 570 horsepower Ilmor engines propelled the boat to a top speed of 85.2 miles per hour at 6,000 RPM, consuming 88 gallons of fuel per hour and providing a range of approximately 130 miles. The most efficient cruising speed was found at 3,500 RPM, yielding 46.2 miles per hour with a fuel burn of 27 gallons per hour and an extended range of 229 miles while maintaining a 10% fuel reserve. The boat exhibits a 14-degree bow rise during acceleration, which momentarily reduces forward visibility due to the helm's position relative to the bow. The 353 Fastech requires moderate trim adjustments to optimize performance, with the drives trimmed up to about 7 on the gauge to achieve optimal speed and handling. The hull design favors straight-line speed and stability, rolling 13.5 degrees into turns and demonstrating robust wave penetration thanks to its narrow entry. While capable of aggressive maneuvering, the boat is best handled at moderate speeds for occupant safety.

Conclusion

The Formula 353 Fastech powered by Ilmor's new 570 horsepower 454 small block engines delivers an impressive blend of performance, design, and innovation. The integration of these crossover engines provides a compelling option in the high-performance recreational boating segment, supported by thoughtful engineering and quality craftsmanship. The boat's handling characteristics, combined with its striking aesthetics and practical features, make it a noteworthy addition to Formula's lineup. Overall, the collaboration between Ilmor and Formula has produced a vessel that excels in speed, comfort, and style.

Rating: 4.3 out of 5

Overview from around the web 1998 Formula FASTECH

Customers praise the 1998 Formula FASTECH for its impressive performance and sleek design

Many highlight its powerful engine and smooth handling, making it a favorite among speedboat enthusiasts. The boat's spacious and comfortable interior also receives positive remarks, providing a great experience for both drivers and passengers. Overall, owners appreciate the combination of speed, style, and comfort that the 1998 Formula FASTECH offers.

The Biggest Pros and Cons

The 1998 Formula FASTECH is a high-performance powerboat known for its sleek design and impressive speed capabilities. Here are some of the pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the 1998 Formula FASTECH delivers thrilling speed and acceleration, making it ideal for enthusiasts who enjoy fast rides on the water.

Sleek Design: The aerodynamic hull and stylish lines not only enhance the boat’s appearance but also contribute to improved handling and fuel efficiency.

Comfortable Interior: Designed with passenger comfort in mind, the cabin offers ample seating and quality materials, perfect for day cruises or longer trips.

Durability: Built with high-quality materials and craftsmanship, this model is known for its reliability and longevity.

Handling: The hull design ensures smooth navigation and stability, even at high speeds or in choppy waters.

Cons

Fuel Consumption: Due to its powerful engines and performance focus, the 1998 Formula FASTECH may have higher fuel consumption compared to more economy-oriented models.

Maintenance Costs: High-performance boats often require more frequent and specialized maintenance, which can lead to increased upkeep expenses.

Limited Storage: While comfortable, the interior storage space may be somewhat limited for extended trips or carrying large amounts of gear.

Pricing: As a performance-oriented boat with premium features, the initial purchase price and insurance costs might be higher than average.

Made For

The 1998 Formula FASTECH is designed for boating enthusiasts who seek a high-performance, sleek, and reliable sport boat. Ideal for those who enjoy speed, agility, and stylish design on the water, this model caters to individuals and families looking for an exciting and comfortable boating experience. Whether you're into day cruising, watersports, or simply making a statement on the water, the 1998 Formula FASTECH offers the power and features to meet your needs.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula FASTECH. 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 High Performance 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$ 72,246
Total Payment$129,173.16
Monthly payment
$538.22/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula FASTECH. 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 High Performance 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$ 72,246
Total Payment$129,173.16
Monthly payment
$538.22/mo

Be the first to know when similar boats hit the market

Get notified when new boats become available

Meet the Broker

SkipperBud's Oshkosh

Address

Oshkosh, WI 54904

Want to update the details or images for this boat? Claim this listing by getting in touch.

Boat Location

Be the First to Know

Get notified when new boats become available.