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Formula 292 FASTech (2015-)
(w/ Currently no test numbers)

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Brief Summary

The Formula 292 FASTech is a gentleman's go-fast boat and she's built to take life at speed on rough water. Her 24-degree deadrise at the transom and stepped bottom design maximizes comfort, speed and control. Construction touches, including a chemically-bonded and then thru-bolted hull and deck joint that makes this boat strong enough to handle the G forces generated at the high speed. Dual McLeod electric-assist bucket seats direct from the world of offshore racing wrap around the operator and companion for a safe, comfortable ride at any speed.

Key Features

  • Silver Series three-color design in Antigua, Bayport or Stealth
  • Integrated swim platform with concealed swim ladder
  • Cockpit aft lounge seating for 4 with storage beneath
  • Clarion waterproof dash-mounted stereo control, iPod/MP3 port and four 61⁄2'' JL Audio blue LED lighted chrome-finished speakers
  • Custom cockpit carpet with sculptured FASTech logo
  • Charcoal woodgrain-finish flooring throughout cabin
  • Ultraleather double bow berth
  • Ultraleather lounge seating
  • Twin engine installation with thru-bolted race-style engine mounts
  • Specifications

    Length Overall 29´ 2''
    8.89 m
    Beam 8´ 3''
    2.51 m
    Dry Weight 7,000 lbs.
    3,175 kg
    Tested Weight N/A
    Draft 33''
    .84 m
    - Draft Up N/A
    - Draft Down N/A
    - Air Draft N/A
    Deadrise/Transom 24-deg.
    Max Headroom 4´ 5''
    1.35 m
    Bridge Clearance 4´ 11''
    1.5 m
    Weight Capacity N/A
    Person Capacity N/A
    Fuel Capacity 97 gal.
    367 L
    Water Capacity 19 gal.
    72 L
    Length on Trailer N/A
    Height on Trailer N/A
    Trailer Weight N/A
    Total Weight
    (Trailer, Boat, & Engine)
    N/A

    Prices, features, designs, and equipment are subject to change. Please see your local dealer or visit the builder's website for the latest information available on this boat model.

    Engine Options

    Std. Power Not Available
    Tested Power Currently no test numbers
    Opt. Power 2 x 300-hp MerCrusier 350 MAG ECT Bravo One
    2 x 320-hp MerCruiser 377 MAG ECT Bravo One

    Captain's Report

    Formula 292 FASTech run shot
    The smallest boat in the FASTech line, the 292 is a good candidate for owners stepping up to their first twin-engine performance boat.
    Formula 292 FASTech floor plan
    The classic offshore performance boat has the cockpit and cabin space for a couple to enjoy a weekend getaway.

    Distinguishing Features

    The twin step

    bottom design developed by Formula’s exclusive designer John Adams is intended to improve efficiency by aerating the running surface. The steps also produce tail lift so the boat’s ride is more level compared to a conventional V-bottom. This helps with rough-water handling because the stepped hull will keep more of the boat in the water.

    Small-block Power.

    A smart choice for weight savings in a 7,000-lb. (3,175 kg) boat. The standard engines, MerCruiser’s 300-hp 350 MAG ECTs, have a weight-to-power ratio of 3.25 lbs. per horsepower, while the optional engines, the 320-hp 377 MAG ECTs, improve the number to 3.05. If Formula had gone with twin 380-hp MerCruiser 8.2 MAG ECT big-block engines, the ratio would go to 3.28 lbs. per horsepower and these engines would add approximately 550 lbs. (249 kg) to the stern of the boat, which could throw off the balance and increase fuel consumption.

    Livorsi Marine Instruments and Controls.

    High Performance Mega Series backlit gauges and separate sport-style Livorsi shift and throttle controls with drive trim on the throttle handle.

    Lab-finished Propellers.

    Mercury stainless-steel propellers are “lab finished” by the company’s racing division to provide maximum efficiency and performance. This is usually something a consumer has to pay for after he buys the boat.

    Bennett Trim Tabs.

    Race-style twin-ram hydraulic trim tabs come standard on the 292 FASTech. Operators can use them to help keep down the bow in rough water or to balance an uneven load.

    McLeod Bolsters.

    Offshore style bolsters have electrically powered drop-out seat bottom cushions to let the captain and co-pilot choose between standing up or sitting with the push of a button. The same goes for the two-step electrically activated footrests forward of the bolsters. Riders can customize their riding position by adjusting these as well.

    Formula 292 FASTech graphics
    The graphics on all Formulas are applied in paint over the white gelcoat.

    Features Inspection

    Cockpit

    It’s a small detail, but one that makes a big difference when boarding a performance boat. Most owners have a welcome mat or carpet remnant they put down on the aft bench seat to protect the upholstery. The 292 FASTech has plastic nonskid steps incorporated into the gunwale on each side of the cockpit just aft of the bolsters. The hinged steps open to uncover cup holders and there are storage lockers in each gunwale.

    The aft bench

    has space for four people and adults can sit up to their shoulders, which provides security when the boat runs in rough conditions. The bottom cushion is hinged and opens to access storage and the battery switches. Aft, the engine hatch is covered in a large sun pad. The swim platform has a ladder beneath a centrally located hatch equipped with a stainless steel rail.

    Formula 292 FASTech sun pad
    To keep sunbathers safe, the sun pad is just below deck level and stainless steel rails wrap around the stern.

    The helm

    has a full assortment of Livorsi Marine gauges and controls, plus a tilt wheel. The keys are to the port side of the wheel, with the emergency shutoff lanyards to starboard. An angled panel on the starboard side of the helm puts the controls and individual trim switches for the drives and tabs in comfortable reach. To port ahead of the co-pilot’s bolster is a glove box with a USB port and a mirror on the underside of the hatch.

    Formula 292 FASTech helm
    The extra large gauges on the top row are the Livorsi tachometers and GPS speedometer. Hour meters are below the throttles on the gunwale, a smart location because the driver doesn’t need to see them that often.
    Formula 292 FASTech grab rail
    The grab rail that is incorporated into the back of the bolster lets bench-seat passengers choose to travel in a standing position.

    The cabin

    is accessed through a centrally positioned sliding hatch. Aft to port is a small galley with a stainless-steel sink and a 25-quart Igloo cooler. The pumpout head is hidden beneath a removable cushion at the aft end of the V-berth. The longer of two facing lounges is on the starboard side and forward of the ring bulkhead is a V-berth that should accommodate two average sized adults.

    Formula 292 FASTech cabin
    In the cabin, two deck hatches above the forward end of the lounges let in natural light.
    Formula 292 FASTech galley
    Just inside the cabin door to port, the galley has the fire extinguisher stored in the base.

    Engines and Systems

    The press of a button at the helm raises the engine hatch. The twin V-8s are installed with through-bolted racing style mounts. The 292 FASTech comes with an automatic fire suppression system and the batteries are secured in bolted-down racing-style retainers as opposed to plastic boxes. Based on our previous experience with Formulas, routinely maintained items such as trim pumps should be easy to get to.

    Construction

    All Formula FASTechs are built with a pre-engineered grid of stringers, bulkheads and transverse supports. The grid is fabricated out of fiberglass and bonded to the hull with Plexus adhesive and then the grid is filled with foam. Corecell foam is used to strengthen the 292 FASTech’s hullsides and deck. When the hull and deck are joined, Formula uses a two-part process. First, a chemical bond is created with Plexus adhesive and then quarter-inch stainless steel bolts are installed every 18” with steel backing plates.

    Power and Performance

    We haven’t tested the 292 FASTech, so we don’t have performance numbers, but Formula provided us with some data. With twin 300-hp MerCruiser 350 MAG ECT Bravo One sterndrives, the boat has a top speed between 62 and 65 mph when turning 4-blade Bravo One propellers, they say. Step up to the twin 320-hp 377 MAG ECT Bravo Ones with the same propellers and the top speed is about 3 mph faster at 5120 rpm. Best cruise with the bigger motors is at 4000 rpm, where the boat runs 49 mph and burns 26 gallons per hour, giving it an estimated range of 165 miles, according to Formula.

    Price

    $171,070.

    Options to Consider and Prices

    • Mechanical trim indicators for drives and tabs ($2,390)
    • Captain’s Call exhaust diverters ($5,170)
    • Freshwater flush system ($820)
    • 20-Amp battery charger ($610)
    • VHF radio with antenna ($1,185)
    • Transom shower ($425)
    • Bimini top ($1,810)
    Formula 292 FASTech run shot
    The FASTech bottom design utilizes two steps that help force air under the boat and generate lift.

    Observations

    The Formula 292 FASTech can be referred to as a “gentleman’s performance boat”. She has the high-quality components and comfort-oriented amenities that make a day on the water enjoyable and the performance that comes from a stepped bottom design powered by a pair of V-8 engines. At 29’2” (8.89 m) in LOA with a beam of 8’3” (2.51 m) and dry weight of 7,000 lbs. (3,175 kg), she should still be a good trailerable weight for most full-size half-ton pickup trucks.

    Standard and Optional Features

    Systems

    Battery Charger/Converter Optional
    CD Stereo Standard
    Head: Fixed Standard
    Trim Tabs Standard

    Exterior Features

    Carpet: Cockpit Standard
    Outlet: 12-Volt Acc Standard
    Swim Ladder Standard
    Swim Platform Standard
    Transom Shower Optional

    Canvas

    Bimini Top Optional
    Cockpit Cover Standard

    Warranty

    Full Warranty Information on this brand coming soon!

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