Jupiter Sunsation

You might have an angle but remember they only sold 5 new Fastechs in 2 years so those 5 buyers got what they wanted so now what? Where are the next 5 buyers? In your example the buyer can drive the Silverado to work (justifying the purchase), not so much with the Formula.

Look at this mint 382 with 80 hours on it!
https://www.offshoreonly.com/classif...ch-o73539.html

Guy is asking 260K, sure it has non-merc power but for that price you could repower it and still be 150K less than a new 382!

Formula made a cool boat but I think the windshields and the paint schemes dated the boats badly. Remember the spider web paint scheme, the lightning bolt?

Interceptor

Formula made a business decision not an emotional one. They're probably smart enough to know the C.C. market is becoming saturated and they'll stick with the cruisers and runabouts that currently sell.

MonkeySea2

Sad to see another icon of the go fast world come to an end. Such a shame that the market has shifted so much but it's understandable. People these days want space, comfort and amenities. I'm guilty!

caseyh

If I could go back it would be a 3 or 6 man boat. or something like that although I like the idea of the space I don't. people move around to much. cc are for fishing but that's the south Louisiana in me.

Stclair26

The family boat that I grew up on was a SR1 Formula, I loved that boat and love Formula because of it. That being said its sad for me to hear this, and even more sad for me that one more go-fast is not being produced anymore. I can't imagine having a boat without a cabin, sunpad, swim platform, the rumble of a through exhaust V8 or the ability to get the adrenaline pumping. Cruisers, CCs, bowriders, cats and even the ob go-fasts all miss one or more of the marks for me. I guess I just cant get with the new trends in boating... Oh well, I cant get with trends such as skinny jeans, hoppy beer or social media either...

Matt Trulio

Some useful background and historical information here for those who are interested, https://www.offshoreonly.com/article...3tech-farewell.

Bittersweet. Formula found its own way to survive without going the center console route, but the FAS3Tech line became less and less relevant to its business.

rak rua

sprink58

Sad to see them go. I've owned 4 Formulas....all deep vee I/O's. Taste and times change....but I think in the after market they will do well.!!!

phughes69

Like others have said, Formula made a business decision. You cant make money if you only have 7 buyers for your fastech when there may be 12 waiting for your SS line of boats. Formula is going in the right direction. Look at their homepage. The 1st boat that pops up is a 380 SS crossover. Has a stand up paddle board on the huge swim platform, and a huge bowrider area. Standup paddle boards are all the rage and having the ability to sit up from in a boat doing 50 mph is great, so it seems they are hitting all the marks. And look at how hot the outboard market is too. I would guess that 1/2 of the boats at Boyne Thunder this year were CC outboard models. Although not for the purists, outboards are whats hot. Speed on par with I/O's. Better fuel efficiency, less noise, better maneuverability. Not everyone wants to listen to the roar of a blown BBC, and if you have passengers, they may not like it either. throw in joystick docking and any "rich" newbie can dock a 40' boat now.

jetskidrewski

A business decision? There are very low costs to maintain a current model and just have it as a quiet offering which they could (and may) do. The molds simply get prepped and stored until a customer orders one. Developing new models on the other hand can be costly...