Where are Formula Boats made?

Formula Boats are built in Decatur, Indiana, where the Porter family consolidated production in 1988 at a purpose-built facility. The brand's Thunderbird heritage dates to 1956 in Florida, but every current Formula Boat is produced at the Decatur, Indiana factory.

Who owns Formula Boats?

Formula Boats is privately owned and operated by the Porter family, who acquired Thunderbird/Formula from Fuqua Industries in 1976. Multiple second- and third-generation family members are actively involved in the company, which remains one of the longest-running family-owned production boat builders in the United States.

Who makes Formula Boats?

Formula Boats are designed and built by Thunderbird Products Corporation, the Porter-family-owned company based in Decatur, Indiana. Production is in-house at the Decatur facility, with hulls, joinery, finish work, and rigging all done at the same Indiana site.

Used Formula Yachts for Sale

All Yachts for Sale

31 ft

Dragon

2002 Formula 31 PC "Dragon"

$49,500

Coconut Creek, FL

28 ft

PERFECT TIMING

2006 Formula 280 SS "PERFECT TIMING"

$46,900

Harrison Township, MI

27 ft

Varoom

2001 Formula 271 FASTech "Varoom"

$39,950

Stuart, FL

36 ft

1990 Formula

$39,900

Pasadena, MD

24 ft

2005 Formula 240 BR

$38,995

Laconia, NH

34 ft

PLAN SEA

1997 Formula PC "PLAN SEA"

$37,500

Wilmington, MA

26 ft

2005 Formula 260

$34,900

Fort Myers, FL

31 ft

2002 Formula 312 Fastech

$34,900

St. Clair, MI

27 ft

MarQuezt

2000 Formula 27 PC "MarQuezt"

$32,000

Miami, FL

31 ft

2000 Formula 31PC

$29,000

Mystic, CT

35 ft

Drippin Wet

1990 Formula "Drippin Wet"

$15,900

Westville, NJ

33 ft

2016 Formula

Call for pricing

Naples, FL

Current used Formula listings

HMY Yacht Sales is currently showing 158 active pre-owned Formula yachts. Median asking price $187K, most between $95K and $437K. Top listed regions include Florida, Michigan, and Connecticut.

Filter by size ranges such as under 30 feet and 30 to 40 feet or price bands such as under $500k and $500k to $1m.

Model-specific searches include 29 FASTech, 290 BR, 31 PC, 310. See every pre-owned Formula listing.

Formula Boats is owned and operated by the Porter family, which acquired Thunderbird/Formula in 1976 and consolidated production at a Decatur, Indiana facility in 1988. The active used Formula inventory on HMY Yachts currently runs from 27 to 57 feet and model years 1990 to 2025, with multiple generations of Performance Cruisers (PC), Sun Sport (FX), and Sport Yacht hulls represented.

For a used Formula, the major comparison points are model line (PC, FX, Crossover, Sport Yacht), length, year, power (sterndrive or outboard on newer hulls), engine hours, electronics, joystick controls, hardtop or sunroof configuration, soft goods, and refit history. Formula's long production run and family ownership mean build standards have remained consistent through ownership eras.

Formula model lineup

Model	LOA	Years built	Listings
29 FASTech	29 ft	2004	View →
290 BR	29 ft	2022	View →
31 PC	31 ft	2002–2006	View →
310	31 ft	2019	View →
310 Sun Sport	31 ft	2008–2013	View →
31PC	31 ft	2000	View →
330 Crossover Bowrider	33 ft	2015–2016	View →
330 SS	33 ft	2002–2006	View →
34 PC	34 ft	2004–2015	View →
350 CBR	35 ft	2017	View →
350 Crossover Bowrider	35 ft	2015–2024	View →
350 Sun Sport	35 ft	2014–2017	View →
37 PC	37 ft	2004–2008	View →
37 Performance Cruiser	37 ft	2005–2016	View →
370SS	37 ft	2004	View →
37PC	37 ft	2006–2018	View →
PC	37 ft	1997–2018	View →
Super Sport	37 ft	2003–2005	View →
380 SSC	38 ft	2021–2022	View →
382 SR-1	38 ft	1996	View →
40 PC	40 ft	2008–2016	View →
40 Performance Cruiser	40 ft	2004–2005	View →
40 Super Sport	40 ft	2018	View →
400 SS	40 ft	2003–2006	View →
400 Super Sport	40 ft	1999–2019	View →
400 Super Sport Crossover	40 ft	2020–2025	View →
430 SSC	43 ft	2018–2019	View →
430 Super Sport Crossover	43 ft	2020–2024	View →
45 Yacht	45 ft	2007–2016	View →
500 Super Sport Crossover	52 ft	2024–2025	View →
500 SSC	52 ft	2022	View →

Frequently asked questions

Where are Formula Boats made?: Formula Boats are built in Decatur, Indiana, where the Porter family consolidated production in 1988 at a purpose-built facility. The brand's Thunderbird heritage dates to 1956 in Florida, but every current Formula Boat is produced at the Decatur, Indiana factory.
Who owns Formula Boats?: Formula Boats is privately owned and operated by the Porter family, who acquired Thunderbird/Formula from Fuqua Industries in 1976. Multiple second- and third-generation family members are actively involved in the company, which remains one of the longest-running family-owned production boat builders in the United States.
Who makes Formula Boats?: Formula Boats are designed and built by Thunderbird Products Corporation, the Porter-family-owned company based in Decatur, Indiana. Production is in-house at the Decatur facility, with hulls, joinery, finish work, and rigging all done at the same Indiana site.