2003 Formula 40 Performance Cruiser

"Wine Down"

This 2003 Formula 40 PC pairs the offshore performance and build quality that define Formula's Performance Cruiser series with a documented history of mechanical care. 

Twin Yanmar 6LY2A-STP 440 HP diesels — just over 1,000 hours — deliver strong, efficient cruising, with a comfortable cruise in the mid-20-knot range and a top end near 29 knots.

The current owners have invested steadily in the systems that matter most. A brand-new air conditioning system was installed in May 2026 — a meaningful upgrade for Gulf Coast summers. Both engine oil coolers were replaced in 2018, the raw-water pumps have been renewed, the starboard turbocharger was replaced in 2023, and the starboard main heat exchanger was professionally removed and cleaned. The 5.0 kW Westerbeke generator received a new generator end in 2021. The bottom was done in 2023, and a factory Formula cover was purchased new the same year.

On deck, a hydraulic swim platform makes water access and boarding effortless, and a bow thruster takes the stress out of tight-slip and cross-wind docking. 

The cockpit offers U-shaped seating with a removable table, a wet bar with sink and ice maker, and a painted aluminum radar arch with bimini top.  The helm seats captain and guests behind a three-sided Taylor-made stainless windshield with an opening center section to walk to the bow safely.

Below decks she offers an open floor plan, one-head layout: a forward master with queen berth, an mid cabin that converts to a double, a full-beam salon with convertible dinette, and a galley finished with Corian-style counters, a ceramic cooktop, microwave, and refrigerator/freezer. Blue LED accent lighting sets the mood. The interior wall coverings are ready for refresh — an easy opportunity for the next owner to make the cabin their own.

Repainted in her distinctive Bahama Blue, this Formula 40 PC is a striking, capable Gulf Coast cruiser with the major mechanical updates already handled. 

Updated photos and videos soon.

Dunigan Marine Group is pleased to assist you in the purchase of this vessel. This boat is centrally listed by YACHTS360. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel

"Wine Down" This 2003 Formula 40 PC pairs the offshore performance and build quality that define Formula's Performance Cruiser series with a documented history of mechanical care.