2017 Formula 240 BR


By Mike Gridley

The Formula 240 BR was designed to deliver the attributes of the company’s SS line in a smaller package for trailering or use on smaller lakes. All aspects of the 240 measure up to Formula’s standards, from the quality of the gelcoat to the Imron® painted graphics and weather resistant upholstery vinyl.

The optional Slate Teak Vinyl decking sets off the substantial integrated platform with concealed swim ladder. A stainless steel rub rail protects the platform.

Normally called a sunpad, on this Formula it’s an aft facing sun lounge. With a simple flip of the backrest of the cockpit seats, it turns into a large sun pad. A single electric ram raises the lounge and seat for great access to the engine compartment.

The cockpit is well thought out with a focus on socializing. The main seating runs across the transom and up the starboard side connecting with the doublewide helm seat. Opposite, a jump seat does the same. Flip the backrest on the companion and helm seats to join the conversation. There is finished storage in the seat bases.

The passenger helm with Clarion stereo, locker and grab handle swings open revealing the head compartment and portable head with dockside pump out.

The helm console has volumes of space and the door serves double duty as the walkthrough windbreak. Bow seating is comfortable and convertible. Formula quality shows with thick, dense cushions, accented upholstery, LED lighting and stainless drink holders.

The helm design pushes all of the right buttons, starting with the Livorsi performance gauges. The chromes switches and stainless accents on the tilt wheel, with upholstered binnacle brows also look great.

It’s on the water that the Formula DNA shines. Hole shots exhibit some bow rise, typical to a deep-V performance hull, but a little trim brings it down. You can feel the engine load lighten as the speed picks up. Handling is predictable, with quick banking and an ever-tightening turn as you trim the drive in.

Volvo Penta 380 C, 380 hp, 6.0 L (364 ci) 8-6, MPI with DPS Duoprop Drive

0-20/5.7; 0-30/8.43; 0-40/10.9

TOP SPEED (mph/rpm)


Length: 24 ft / 7.32 m
Beam: 8 ft 6 in / 2.69 m
Weight: 5,000 lbs / 2,268 kg
Fuel Capacity: 60 gals / 227 L
Water Capacity: 10 gals / 38 L
Price: $136,065.00 USD

 Speed Testing by Lowrance


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Mike Gridley is a Producer and Host of PowerBoat Television and contributor to Boats&Places Magazine, BoatTest.ca and BoaterNews.ca. A lifelong boater, Mike started on the water with a 12-foot Peterborough cedar strip. Graduating to fibreglass, he has owned a series of boats from cuddy cabins to cruisers. He has come full circle back to wood with the purchase of a 1964 Greavette. After graduating from Ryerson University, Mike joined Molson Breweries where he spent 17 years in a variety of sales, marketing and promotions positions. He went on to hone his marketing communications, creative and advertising skills as a Senior Account Director with several national advertising agencies for clients including Bank of Montreal, Petro-Canada, Canadian Tire and Polaroid. In pursuit of his love of all things boating, Mike joined Lifestyle Integrated in 2004 and assumed the role of Producer in 2006.