2003 Formula 40 Performance Cruiser 42'

Price
$134,900
Overall Length
42 ft
Location



Cypress Bay Texas United States

Category
Power
Year
2003
Name
WINE DOWN
Model
40 Performance Cruiser
Fuel Tank Capacity
250 Gallons
Beam
12' 8"
Minimum Draft

2' 11"

LOA


42'

7"

Fresh Water Capacity
55 Gallons
Engine
2003 YANMAR Diesel 6LY2A-STP Inboard V 440Hp 328Kw 1,100Hrs
2003 YANMAR Diesel 6LY2A-STP Inboard V 440Hp 328Kw 1,100Hrs
Hull Material
Fiberglass
Bridge Clearance
11' 7"
Description

"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.


IKONIC Yachts 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
Gallery
Image
Image
Image
Image
Image
Image
Image
Image
Image
Image
Image
Image
Image

Request a Call


Search All Listings

"*" indicates required fields

Step 1 of 4 - Yacht Size

This field is for validation purposes and should be left unchanged.
What Size Are You Looking For?
Featured Listings
Image

2027 RMK Marine

$48,636,000
190
Fort lauderdale Florida
Image

2027 RMK Marine

$48,636,000
190
Fort lauderdale Florida
Image

2024 Trinity Yachts

$1,950,000
168
Istanbul
Image

2024 Trinity Yachts

$1,950,000
168
Istanbul
Image

2016 Mondomarine Provocateur

$28,400,000
165
Monaco
Image

2016 Mondomarine Provocateur

$28,400,000
165
Monaco
Image

2022 Majesty Yachts Rocket One

$15,372,802
120
Naples
Image

1999 Palmer Johnson Fortuna

$2,500,000
100
Fort Lauderdale Florida
Image

1983 Burger DiDay

$795,000
91
Stuart Florida
Image

2027 Sunpower Yachts

90
West Palm Beach Florida
Image

2027 Ladenstein

$5,549,000
88
Fort Lauderdale Florida
Image

1979 Burger Freedom

$499,000
86
Oriental North Carolina
Image

1989 Moonen Lady Dina

$2,800,000
85
Miami Beach Florida
Image

2008 Ferretti Yachts MAR AZUL

$2,079,879
83
Porto Carras
Image

1999 Ferretti Yachts Rabbit

$595,000
80
Key West Florida
Image

2024 Aquitalia Yachts

78
Fort Lauderdale Florida
Image

2027 Aquitalia Yachts

$5,900,000
78
Fort Lauderdale Florida
Image

2007 Arno Leopard Happy One

$549,000
75
Miami Florida
Image

1991 Custom Elizabeth Ruth

$390,000
74
Poulsbo Washington
Image

2007 Princess Yachts Kristina

$950,000
74
Miami Florida
Image

2016 Pershing The Office

$1,725,000
70
Old Saybrook Connecticut
Image

1993 Sumerset

65
Charlestown Massachusetts
Image

2006 Marquis Bad Bettye

$924,900
65
Virginia Beach Virginia
Image

2002 Custom Jonny Wasabi

$297,000
64
Stuart Florida
Image

2016 Lagoon ANDROMEDA

$1,995,000
62
Charleston South Carolina
Image

1999 Sunseeker Burn N Daylight

$299,000
60
Guaymas, Sonora
Image

2001 Hatteras Danna Maria

$695,000
60
Singer Island Florida
Image

2000 Goetz INDIGO

$395,000
60
Palm City Florida
Image

1997 Ocean Yachts Double Down

$299,000
60
Georgetown South Carolina
Image

1998 Carroll Poseidon

$215,000
60
Northland
Image

2001 Horizon Miss Louise

$199,000
60
Sanford Florida
Image

2027 Sunpower Yachts

60
West Palm Beach Florida
Image

2021 Sabre Last Resort

$1,899,500
58
Pictou Nova Scotia
Image

2006 Uniesse Pachanga

$479,000
58
Coral Gables Florida
Image

1987 Hatteras The Bottom Line

$349,000
58
Wickford Rhode Island
Image

2010 Neptunus

$595,000
58
Destin Florida
Image

1981 Sumerset

$375,000
58
Boston Massachusetts
Image

1937 Trumpy Flying Lady

$1,150,000
58
North Palm Beach Florida
Image

2001 Carver Marlin Monroe

$399,000
57
San Carlos. Sonora
Image

2004 Beneteau Nae Hassle

$315,000
57
Mt. Pleasant South Carolina