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2data points analyzed by Sailpages.com to compile this FORMULA 21 buyer’s report
FORMULA 21

FORMULA 21

from 1980
$700 – $1.8K est. annual maintenance
DaysailermonoMasthead SloopFin

Specifications

Hull

LOA21.08 ft
LWL18.33 ft
Beam7.25 ft
Draft3.75 ft
Displacement1,800 lb
Hull speed1.34·√LWL5.7 kn

Rig & Sails

Iforetriangle height26 ft
Jforetriangle base8.5 ft
Pmainsail luff23.5 ft
Emainsail foot8 ft
FLforestay8.5 ft
Mainsail212 sq ft
Jib (100%)110.5 sq ft
Spinnaker187.9 sq ft

About the FORMULA 21

Sailpages Buyer's Take

The Formula 21 is a compact masthead sloop designed by an unknown designer and built by Independant Yachts (CAN) in 1980. With a build count of ? hulls, this vessel represents a specific snapshot of late-1970s/early-1980s Canadian production, characterized by its 21.08 ft LOA and 1800.0 lb displacement.

Best for:
This boat is best suited for coastal cruising and daysailing, appealing to owners seeking a manageable, lightweight package for sheltered waters rather than heavy offshore passage-making.
Bluewater capability:
With a low displacement of 1800.0 lb and a comfort ratio of 10.37, the Formula 21 is not designed for bluewater cruising and is best restricted to coastal and protected waters.
Comparables:
Comparable vessels include other 20-22 ft trailerable sloops from the same era, such as the O'Day 23 or Pearson 22, which share similar displacement ranges and coastal cruising roles.

Performance

Comfort10.4
Capsize2.39
SA/Disp22.1
Disp/Len130

Pricing

We don't have market pricing data for the FORMULA 21 yet. If you own one, help other buyers — what did you pay for it? Reports build a community price estimate over time.

Asking price by model year

5 listings · boat years 19892007 · median $34,746

$0$50k$100kmedian $34,74619901995200020051989 Formula 292sr1 · $26,619 · New Hampshire, New Hampshire, United States1996 Formula 31PC · $19,965 · New York, New York, United States2007 Formula · $95,591 · Florida, United States2000 Formula SS · $55,576 · California, United States1991 Formula 29PC · $34,746 · Valencian Community, SpainAsking price (USD)Boat model year

Each dot is one listing · hover for details · dashed red line marks the median · obvious data-entry outliers (top & bottom 2.5%) excluded.

Estimated Cost of Ownership

Based on 21.08ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$700 – $1.8K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
N/A
No price data available

Known Issues & Pre-Purchase Inspection

We don't have enough data on the FORMULA 21yet to publish model-specific findings we'd stand behind — but here's a free general inspection checklist, built from our research into what actually goes wrong on boats of this kind.

Drawn from 7,029 documented issues across 2,391 models, ordered so the areas that most often turn up problems come first.

1Structural & Bulkheads9732Standing Rigging6403Deck & Topsides6404Keel & Keel Bolts5535Rudder & Steering5086Hull & Bottom377
Free general pre-purchase checklist
25 survey areas — hull, keel, rig, engine, electrical and more. Take it aboard when you view any boat.

Own a FORMULA 21? Reports from owners are what turn this into a model-specific checklist — and they're the reason the boats above it have one.

Similar Sailboats

Which engine powers your FORMULA 21?

We haven't confirmed the engine for this model yet. If you own or know one, tell us — as owners report in, we build an accurate picture over time.

Already know your engine? Search all engines → to find its exact parts.

Used sails that fit the FORMULA 21

Checking eBay for sails sized to this boat's rig…