Performance Powerboats and Speed Boats, The Go-Fast Guide

Performance powerboats exist for one reason, the thrill of going very fast on the water. Long, narrow deep-V hulls, stepped bottoms, catamaran tunnels and huge horsepower combine to produce boats that can run at speeds most yachts never approach. In the US, the go-fast world is concentrated in South Florida, the Gulf Coast, the Lake of the Ozarks and the poker-run circuit.

Models reviewed
17
Length range
16 to 59 ft
Builders
11
Hull
Power

Performance Powerboats we have reviewed

17 models

Our coverage includes two Cigarette Racing Team models, the classic Cigarette 38 Top Gun and the luxury Cigarette 59 Tirranna, the Fountain 47 Lightning from North Carolina, and the Donzi 16 Classic, a small speed boat whose 1960s ancestors helped create the category.

This page explains hull types, the culture, the costs and what to check before buying a used high-performance boat.

Cigarette Racing 515 Project One cruising in a harbor
Cigarette Racing 515 Project One cruising in a harbor. Photo: Elya, CC BY-SA 4.0, source

What counts as a performance powerboat

The term covers several kinds of boats. Classic go-fast V-bottoms, like the Cigarette 38 Top Gun and Fountain 47 Lightning, have long, narrow deep-V hulls designed for high speeds in offshore conditions. Catamarans use tunnel hulls that trap air for lift and can be even faster. Performance center consoles, like the Cigarette 59 Tirranna, combine high speed with open-deck layouts and luxury features.

Small speed boats deliver the same excitement at a fraction of the cost. The Donzi 16 Classic recalls the compact runabouts Aronow's Donzi built in the 1960s, small enough to trailer behind an SUV and quick enough to feel thrilling at modest speeds. For many buyers, a small speed boat is the right first step before moving up to a big offshore go-fast.

Don Aronow and the birth of the American go-fast

No figure looms larger in American performance boating than Don Aronow. After moving to Miami in 1959 and taking up offshore racing, he founded Formula Marine in 1962, Donzi Marine in 1964, Magnum Marine in 1966 and the Cigarette Racing Team in 1970. His boats attracted celebrities, politicians and business leaders, and his companies helped define the look and performance of the American offshore powerboat.

Aronow died in 1987, but Cigarette and Donzi remain active brands. The deep-V offshore hull that he helped popularize remains the foundation of the go-fast world.

Fountain and the North Carolina branch of the family

Not every great American go-fast came from Miami. Fountain Powerboats, founded by offshore racer Reggie Fountain and based in Washington, North Carolina, built its name on fast, rough-water V-bottoms and sportfishing boats that raced and won on the offshore circuit. The Fountain 47 Lightning is a classic expression of that approach: a long, narrow hull, big twin or triple engines and a cockpit built around the driver and throttleman.

Fountains appear regularly on the used market, and their strong racing pedigree keeps a loyal following. As with any older performance boat, the engines and drives matter more than the badge, so value a used Lightning on its mechanical condition first.

V-bottom, catamaran or performance center console

Hull choice determines speed, ride and handling. The table compares the main types.

Hull typeExamplesStrengthsTrade-offs
Deep-V go-fastCigarette 38 Top Gun, Fountain 47 LightningRough-water capability, classic styleHeavy fuel burn, limited interior
Performance catamaranOffshore racing and poker-run catsVery high top speeds, efficient at speedDemanding handling, needs skill
Performance center consoleCigarette 59 TirrannaSpeed with open deck and luxuryVery high purchase and running costs
Small speed boatDonzi 16 ClassicAffordable, nimble, funLimited range and capacity

Horsepower, fuel and the cost per hour

Performance boats burn fuel at rates that surprise many first-time owners. High-horsepower gasoline engines, often from Mercury Racing, can consume large amounts of fuel at high speeds. Running costs also include engine and drive maintenance, which is more frequent than on cruising boats.

Engines and drives on high-performance boats require specialist service. Many owners rely on dealers who know performance boats and their systems.

The industry has also moved toward outboards. Large four-stroke outboards now power many performance center consoles and some V-bottoms, offering simpler maintenance than stern-drive inboards and the option to tilt engines clear of the water. Big inboard packages remain the choice for the fastest offshore boats, where drive strength and torque at very high speeds matter most.

Safety gear, training and the reality of high speed

At high speeds, small mistakes become serious. Performance boat owners should invest in training, from basic boat handling to advanced high-speed courses. Proper safety gear, including life jackets designed for high-speed use, matters.

In the US, operators of recreational boats under 26 feet must use an engine cut-off switch when the boat is on plane or above displacement speed, if one is installed. Many performance boat owners use them on larger boats too.

  • Take a high-speed boat handling course before running fast offshore
  • Use an engine cut-off switch or wireless lanyard
  • Wear life jackets rated for high-speed use
  • Check weather and sea conditions carefully before running

Poker runs, the Ozarks and the go-fast culture

Performance boating has a strong social scene. Poker runs, where boats run a course between checkpoints, attract fleets of go-fast boats in Florida, the Gulf Coast and the Midwest. The Lake of the Ozarks Shootout draws crowds to watch boats make high-speed runs. Offshore racing events in Florida, including Key West, keep the racing heritage alive.

The community is one of the best resources for a new owner. Poker-run veterans know which mechanics are trustworthy, which hulls are prone to problems and how to set up a boat for rough water. Spending a season riding along before buying is a smart way to learn what kind of performance boat suits you.

Buying a used go-fast boat

Used performance boats can be bargains or money pits. Check engine hours and rebuild history, drive condition and hull integrity. Boats with race history may have been driven hard, and repairs may not be obvious. A survey by a specialist familiar with performance boats is essential.

Classic boats, like older Cigarettes, Donzis and Fountains, have dedicated followings. Well restored examples can hold value, but restoration costs can exceed the boat's market value.

  • Compression and leak-down tests on every engine
  • Drive inspection, including gear condition and lower unit seals
  • Stringers, transom and engine mounts for cracks from repeated impacts
  • Wiring, gauges and steering systems, which take a beating at speed
  • Trailer condition, since many go-fasts are trailered to events

What performance powerboats cost

SizeNewUsed
Under 25 ft$100,000 to $250,000$10,000 to $150,000
30 to 39 ft$500,000 to $1,200,000$60,000 to $900,000
40 to 50 ft$1,000,000 to $2,600,000$150,000 to $2,000,000
Over 50 ft$2,500,000 to $4,500,000$1,000,000 to $3,800,000

Typical US asking and sail-away ranges in 2026. Condition, engines and equipment move individual boats well outside these bands.

Buying tips

  • Get a specialist performance boat survey, including engine and drive inspection.
  • Ask for engine and drive rebuild history and hours since the last rebuild.
  • Check for race history and repairs from hard use.
  • Budget for high fuel and maintenance costs.
  • Take a high-speed handling course before running offshore.
  • Confirm specialist service is available near your home port.
  • On classic boats, compare restoration costs against market values.

Frequently asked questions

What is a performance powerboat?

A performance powerboat is designed for high speed, using deep-V, stepped or catamaran hulls and large engines. Cigarette and Fountain are well-known builders.

How much does a performance powerboat cost?

New 30 to 39 foot performance boats typically cost about $500,000 to $1.2 million in 2026. Used boats start much lower depending on age and condition.

Who founded Cigarette Racing Team?

Don Aronow founded Cigarette Racing Team in 1970, after earlier founding Formula, Donzi and Magnum.

Do I need special training to drive a performance boat?

It is not legally required, but high-speed boat handling courses are strongly recommended.

What is the Donzi 16 Classic?

The Donzi 16 Classic is a small speed boat inspired by the original 1960s Donzi, offering nimble handling and classic style.