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Don Aronow founded Formula in 1962 in Miami, Florida, where he introduced the original 233 deep-V hull design. This innovative design quickly made its mark, achieving significant victories on the national offshore racing circuit and establishing Formula’s reputation. Although Formula has evolved beyond its racing roots, the legacy of speed and performance lives on in the highly successful FAS³TECH series.

In 1961, Alliance Machine and Foundry acquired Thunderbird, and in 1964, they added Formula to their portfolio, producing both brands in North Miami. Thunderbird/Formula was later acquired by Fuqua Industries, an Atlanta-based conglomerate, in 1969.

In March 1988, Formula moved from South Florida to a new, state-of-the-art facility in Decatur, Indiana, where the company consolidated its corporate and production headquarters. The 345,000 square-foot plant has since expanded twice, with a 143,500 square-foot addition in 2000 and another 85,000 square-foot expansion in 2006, reflecting Formula’s ongoing growth and innovation.

Today, Formula is recognized as a premier powerboat company, with a history and fleet that showcase a commitment to constant evolution. At Yachtr, you’ll find an extensive selection of new and used Formula boats for sale. Browse our listings by price, model, condition, and more, and connect with the listing broker to find the perfect Formula boat to meet your needs.