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-   -   No more Fastechs (https://www.offshoreonly.com/forums/formula/359932-no-more-fastechs.html)

Franks292 04-04-2019 12:11 AM

No more Fastechs
 
Formula has officially ceased production of the Fastech line. I guess all good things come to an end...

Franks292 04-04-2019 12:13 AM

https://speedonthewater.com/in-the-news/5987-formula-discontinuing-fas3tech-sportboat-line

MR.HAPPY 04-04-2019 11:19 AM

Very Sad...

TomZ 04-04-2019 01:17 PM

End of an era.

Sad.

SuperTaz 04-04-2019 04:45 PM

Very Sad...If you don't market the product, hard to sell it. Could help re-sale for some, if their well taken care of!

badmonkey 04-04-2019 06:35 PM

https://cimg0.ibsrv.net/gimg/www.off...f6d856e86.jpeg


Maybe this one will become a collectors item and bring 38 TG money.....LMAO. Assured this one has been and is well taken care of....

Glad I still have mine....

https://cimg6.ibsrv.net/gimg/www.off...4289e2911.jpeg

Monaco20 04-05-2019 06:32 AM

https://cimg2.ibsrv.net/gimg/www.off...fa3a3ac5d7.jpg

Having fun in the Oslo Fjord
Dear Formula Boats

Remove your DNA seems like a bad idea, the whole company are build up around the Sr and Fastech line.
Now Formula are selling a lot of sportscruiser and crossover boats, and I am happy for them, not my cup of tea dough.
The market is not in favour for V bottom performance boats at the moment, but Outerlimits Cigarette and some other brands are still selling why? because they want to, and has put a lott of investments in upgrade and development.
Formula has neglected this type of boats completely the last 10 years. Not anything new since 2001 or 2002 when they launched the fantastic and beautiful 292 Fastech.. You can not sell this kind of boats only by changing the graphics and paint…. So I am not surprised that it ended like this, only sad an end to the coolest boat line ever made…

They will always be classics and beautiful boats

Only thing to hope for now, is an relaunching of a performance V bottom line from Formula in 2025 he he :-) :-)

I will soon enjoy another summer in my Formula 271

Have a fantastic weekend folks

Regards from Norway

blckkat 04-05-2019 07:48 AM

eh surprised it's taken this long, they've been sitting with their feet up for way too long. Most of their lineup of PC's, Sunsports and Fastechs are all relics at this point. I'll give them some credit, they've at least realized they missed the boat (pun intended) on the center console craze and they're going to try something different....question is will it work. that 43 and 40 with the outboards are the first real new designs in probably what 15+years? but they're kind of late to the outboard game. at this point I sadly wonder if Formula will survive the next downturn in the economy.

Franks292 04-05-2019 08:59 PM


Originally Posted by badmonkey (Post 4680392)
https://cimg0.ibsrv.net/gimg/www.off...f6d856e86.jpeg


Maybe this one will become a collectors item and bring 38 TG money.....LMAO. Assured this one has been and is well taken care of....

Glad I still have mine....

https://cimg6.ibsrv.net/gimg/www.off...4289e2911.jpeg

I thought you were selling it?

Franks292 04-05-2019 09:03 PM


Originally Posted by SuperTaz (Post 4680374)
Very Sad...If you don't market the product, hard to sell it. Could help re-sale for some, if their well taken care of!

I've seen them go up in value since I bought mine 2 years ago. Even the dealer I bought it from said I could sell it for what I paid easily in the next couple years. Formulas are a hot ticket up here around Lake Michigan.

Franks292 04-05-2019 09:09 PM


Originally Posted by Monaco20 (Post 4680442)
https://cimg2.ibsrv.net/gimg/www.off...fa3a3ac5d7.jpg

Having fun in the Oslo Fjord
Dear Formula Boats

Remove your DNA seems like a bad idea, the whole company are build up around the Sr and Fastech line.
Now Formula are selling a lot of sportscruiser and crossover boats, and I am happy for them, not my cup of tea dough.
The market is not in favour for V bottom performance boats at the moment, but Outerlimits Cigarette and some other brands are still selling why? because they want to, and has put a lott of investments in upgrade and development.
Formula has neglected this type of boats completely the last 10 years. Not anything new since 2001 or 2002 when they launched the fantastic and beautiful 292 Fastech.. You can not sell this kind of boats only by changing the graphics and paint…. So I am not surprised that it ended like this, only sad an end to the coolest boat line ever made…

They will always be classics and beautiful boats

Only thing to hope for now, is an relaunching of a performance V bottom line from Formula in 2025 he he :-) :-)

I will soon enjoy another summer in my Formula 271

Have a fantastic weekend folks

Regards from Norway

Formula honestly has the best looks and lines out of every go fast boat other than Outerlimits and Cigarette. I was immediately attracted to Formula when I went boat shopping. I looked at Fountains, Powerquests, check mates and Formula. I was just gravitated back to formula, she still leaves me speechless when I look at her.

badmonkey 04-06-2019 04:33 AM


Originally Posted by Franks292 (Post 4680547)
I thought you were selling it?

bought the wife her Formula 37PC she wanted and I kept the hotrod 😎...of course everything is for sale....

Padraig 04-06-2019 07:49 AM

I wonder if they will be offering the moulds for sale?

Padraig

MR.HAPPY 04-06-2019 09:13 AM

I hope they keep the molds in case I win the Lottery!!!
382 & 40SS would be my first purchases...

Jay336 04-06-2019 12:39 PM

It's to bad, I love my 353 what a great boat. Formula needed to change with the times and they never did. Maybe if they put a little bigger power in their boats, and showed up to a few poker runs the fastest might still be around.

Club Drew 04-06-2019 02:31 PM

https://cimg8.ibsrv.net/gimg/www.off...702376c306.jpg
I have a 353 and love it! SAD!

badmonkey 04-06-2019 06:02 PM


Originally Posted by Padraig (Post 4680580)
I wonder if they will be offering the moulds for sale?

Padraig

no chance unless someone buys the company

badmonkey 04-06-2019 06:06 PM


Originally Posted by Jay336 (Post 4680612)
It's to bad, I love my 353 what a great boat. Formula needed to change with the times and they never did. Maybe if they put a little bigger power in their boats, and showed up to a few poker runs the fastest might still be around.

agreed but few Fastech owners are willing to run their boats in poker runs. Why??? Do not know but I can tell you that you will see ours as well as Apex Warrior at poker runs....we actually run our boats for what they were built for .... there is a reason why Fastech is the Mercedes (Ferrari HP) of Vhull boats 😎🍺...well at least Apex Warriors and ours are😬😬😬

rak rua 04-10-2019 07:35 PM

Here you go, is this the last piece of Fastech history?
If you hurry, you can own but don't blame me if it doesn't increase in value..:)

https://www.offshoreonly.com/classif...ir-o75047.html

Nothing personel 353 04-10-2019 07:50 PM

https://cimg6.ibsrv.net/gimg/www.off...f60fe48c65.jpg
https://cimg8.ibsrv.net/gimg/www.off...496212ae40.jpg
https://cimg9.ibsrv.net/gimg/www.off...d337cf2dd5.jpg
Hello all love mine here is a few photos.

Mentalpause 04-11-2019 09:01 AM

You can still buy this new 353. It is a beautiful boat. Formula Boats Mo | Boat Detail

This is why Formula isn't making them anymore. A 2018 model still sitting in the show room of one of the largest Formula dealers in the US, if not the largest. And on the lake with a huge amount of muscle boats still around. That pretty much says it all.

Nothing personel 353 04-11-2019 10:18 AM

:food-smiley-007:35' very nice $400,000 now we know why! I wonder what rock bottom price is? nice with the bigger power! It will sell soon deep pockets needed !LOL!

Mentalpause 04-11-2019 11:36 AM

Pretty sure since it has been sitting around on the floor for a year you can get it for much better than 400.


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