Abstract: A high performance boat stabilized through the use of foam stabilizing members is provided. The boat has a rigid, planing hull including a transom, and a pair of curved sides extending forward from the transom to form a bow. A bottom is joined to the sides forming a chine. The foam stabilizing members are mounted on the sides of the hull above the chine and extend from the transom along the length of the boat. The sides of the boat also include an upper and lower flange extending outwardly from the sides of the boat adjacent to the upper and lower edges of the stabilizing members at the location where the stabilizing members attach to the sides of the hull. The lower flange helps to ensure that water is not forced in between the sides of the boat and the stabilizing members, thus preventing possible damage to the boat.