U. S. SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

                           FORM 10-QSB

     ( X ) REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
           ACT OF 1934

             For the quarterly period ended March 31, 2001

              Commission file number: 33-55254-46

              AMERICAN SPORTS HISTORY INCORPORATED
(Exact name of small business issuer as specified in its charter)

                Nevada                          87-0485307
(State or other jurisdiction of           (I.R.S. Employer
 incorporation or organization)            Identification Number)

        21 Maple Avenue, Bay Shore, New York  11706-8752
            (Address of principal executive offices)

                         (631) 206-2674
         Issuer's telephone number, including area code

                         Not applicable
            (Former name, former address and former
           fiscal year, if changed since last report)

     Check  whether the issuer (1) filed all reports required  to
     be  filed by Section 13 or 15 (d) of the Exchange Act during
     the  past  12  months (or for such shorter period  that  the
     registrant was required to file such reports), and  (2)  has
     been  subject to such filing requirements for  the  past  90
     days.

                Yes ( X )                  No (   )

     As of May 16, 2001, the issuer had 13,567,272 shares of its
     common stock issued and outstanding or to be issued.

Transitional Small Business Disclosure Format:  Yes (  ) No (X)

<PAGE>

      AMERICAN SPORTS HISTORY INCORPORATED AND SUBSIDIARIES
                  (A Development Stage Company)

                  FORM 10-QSB - MARCH 31, 2001


                              INDEX


PART I - FINANCIAL INFORMATION

   ITEM 1 - FINANCIAL STATEMENTS

   CONDENSED CONSOLIDATED BALANCE SHEETS
     March 31, 2001 and December 31, 2000                       1

   CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
     For the three months ended March 31, 2001 and 2000
       and cumulative from May 1, 1995                          2

   CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
     For the three months ended March 31, 2001 and 2000
       and cumulative from May 1, 1995                          3

   NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS     4 - 6

   ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
            OPERATION                                       7 - 8

PART II - OTHER INFORMATION

   ITEM 1 - LEGAL PROCEEDINGS                                   9

   ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K                    9

SIGNATURES                                                     10

<PAGE>

PART I - FINANCIAL INFORMATION

ITEM 1 - FINANCIAL STATEMENTS

      AMERICAN SPORTS HISTORY INCORPORATED AND SUBSIDIARIES
                  (A Development Stage Company)

              CONDENSED CONSOLIDATED BALANCE SHEETS


                                                      March 31,    December 31,
                                                        2001          2000
                                                     (Unaudited)
ASSETS

Current assets
  Cash                                             $    4,890    $    38,239
  Employee Advances                                        -           3,300
  Prepaid expenses and other current assets            12,736         20,111
                                                      -------        -------

     Total current assets                              17,626         61,650

  Website development costs                           224,277        224,277
  Other assets                                         21,193         23,985
                                                      -------        -------
TOTAL ASSETS                                       $  263,096      $ 309,912
                                                      =======        =======
LIABILITIES AND STOCKHOLDERS' DEFICIT

Current liabilities
  Accounts payable and accrued expenses            $  875,883     $  696,163
  Customer Deposits                                    10,941          -
  Line of credit                                      300,000        225,000
  Notes payable and accrued interest                   37,155         28,518
  Notes payable to officer                             77,600         70,000
  Advances Payable                                    390,000        390,000
  Liability from settlement of lawsuit                120,000        120,000
                                                      -------        -------
     Total current liabilities                      1,811,579      1,529,681

Notes payable to director                             309,560        303,295
                                                    ---------      ---------
TOTAL LIABILITIES                                   2,121,139      1,832,976

Commitments and contingencies

STOCKHOLDERS' DEFICIT
 Common stock, $.001 par value; 25,000,000 shares      13,567         13,142
  authorized, 13,567,272 shares issued
  and outstanding
 Additional paid-in capital                         5,929,467      5,286,147
 Accumulated deficit ($7,388,555 accumulated       (7,472,952)    (6,822,353)
  during the development stage)
 Unearned compensation                               (328,125)        -
                                                   -----------    -----------
     Total stockholders' deficit                   (1,858,O43)    (1,523,064)
                                                   -----------    -----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT        $  263,096     $  309,912
                                                   ===========    ===========
See notes to condensed consolidated financial statements.

                               1
<PAGE>

      AMERICAN SPORTS HISTORY INCORPORATED AND SUBSIDIARIES
                  (A Development Stage Company)

         CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                           (Unaudited)


                                                                  Cumulative
                                         Three months ended         from
                                             March 31,              May 1,
                                         2001        2000           1995
                                         ------------------------------------
REVENUE
  Sales                                  $   -      $    -         $ 241,774
  Interest income                            -           -               504
                                          -------    ---------       -------
Total Revenue                                -           -           242,278
                                          -------    ---------       -------
EXPENSES
  Product development                        -        63,827         637,079
  General and administrative             650,599     269,859       6,734,398
  Lawsuit settlements                        -           -           178,500
  Write-off of advances for
    terminated acquisition                   -           -            80,856
                                         -------    ---------       --------

TOTAL EXPENSES                           650,599     333,686       7,630,833
                                         -------    ---------       --------
Net loss                              $ (650,599) $ (333,686)   $ (7,388,555)
                                      ==========  ===========   ============

Basic and diluted net loss per share    $  (0.05) $    (0.04)
                                      ==========  ===========
Weighted average number of common
 shares outstanding                   13,567,272   9,466,026


See notes to condensed consolidated financial statements.

                             2
<PAGE>

      AMERICAN SPORTS HISTORY INCORPORATED AND SUBSIDIARIES
                  (A Development Stage Company)

         CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                          (Unaudited)


                                            Three months ended     Cumulative
                                                 March 31,         From May 1,
                                              2001          2000       1995
INCREASE (DECREASE) IN CASH

CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss                              $ (650,599)  $ (333,686)  $(7,388,555)
 Adjustments to reconcile net loss to
  net cash used in operating activities
    Write-off of prepaid royalty                  -            -       137,500
    Depreciation and amortization expense     3,327          750        13,353
    Write-off of advances receivable              -            -       390,000
    Write-off of deposit                          -            -        30,000
    Impairment of goodwill                        -            -        14,437
    Common  stock  issued for partial             -            -         6,000
      settlement of lawsuit
    Stock options issued to non-            236,103       44,562       666,734
     employees for services
    Stock options issued to officers in
     payment of salaries and bonuses         77,700            -       815,850
    Amortization of unearned compensation         -            -        52,500
    Common stock issued for services, net
     of stock rescinded                           -       45,000     1,248,202
    Imputed interest on notes
      payable to officers and directors       9,400        4,409        28,670

  Changes in assets and liabilities
   Employee advance                           3,300            -         3,300
   Prepaid expenses and other assets          7,375        3,750       (17,594)
   Liability from settlement of lawsuits          -            -       142,500
   Accounts payable and                     179,720       76,929       806,664
    accrued expenses
   Customer deposits                         10,941            -        10,941
   Loan from director                             -            -       402,540
   Accrued interest                             335       12,338        60,132
                                           --------     --------     ---------
NET CASH USED IN OPERATING ACTIVITIES      (122,398)    (145,948)    2,576,825)
                                           ---------    ---------    ---------
CASH FLOWS FROM INVESTING ACTIVITIES
   Website development costs                      -            -      (224,277)
   Other assets purchased                      (535)           -       (28,983)
                                           --------      --------    ---------
NET CASH USED IN INVESTING ACTIVITIES          (535)           -      (253,260)
                                           --------      --------    ---------

CASH FLOWS FROM FINANCING ACTIVITIES
 Proceeds from issuance of notes to
   officers                                   7,600        4,500       356,648
 Proceeds from issuance of notes             12,000      637,500     1,661,400
 Proceeds from line of credit                75,000                    300,000
 Repayment of notes                          (3,698)     (20,000)     (214,058)
 Loans from director                              -            -       120,441
 Repayment of loan from director             (1,318)           -        (1,318)
 Proceeds from loan from affiliate                -            -        11,000
 Repayment of loan from affiliate                 -            -       (11,000)
 Issuance of common stock                         -            -       630,964
 Common stock issuance costs paid                 -            -       (41,362)
 Liability from sale of
  common  stock rescinded                         -            -        22,260
                                           --------      --------      -------
NET CASH PROVIDED BY
  FINANCING ACTIVITIES                       89,584      622,000     2,834,975
                                           --------      --------    ---------
NET INCREASE (DECREASE) IN CASH             (33,349)     476,052         4,890

CASH, beginning of period                    38,239          228             -
                                           --------      -------     ---------
CASH, end of period                       $   4,890    $ 476,280    $    4,890
                                          =========    =========    ==========

See notes to condensed consolidated financial statements.

                            3
<PAGE>

      AMERICAN SPORTS HISTORY INCORPORATED AND SUBSIDIARIES
                  (A Development Stage Company)

      NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           (Unaudited)

           THREE MONTHS ENDED MARCH 31, 2001 AND 2000


1    Basis of presentation and management's plan

     The  Company  was  incorporated in the State  of  Nevada  on
     August   9,  1990  as  National  Logistics,  Inc.   National
     Logistics, Inc. changed its name to Fans Holdings,  Inc.  on
     June  30, 1995, and subsequently to American Sports  History
     Incorporated  ("AMSH"  or the "Company")  on  September  20,
     1995.  On August 21, 1995, AMSH acquired 100% of the capital
     stock of Infinet, Inc. ("Infinet"). For accounting purposes,
     the  acquisition of Infinet by AMSH has been  treated  as  a
     recapitalization of Infinet, with Infinet  as  the  acquirer
     (reverse  acquisition).  AMSH had no  assets  or  operations
     prior  to  May  1995. In the second quarter 2000, the Company's
     newly formed subsidiary, American Sports Academy , LLC ("ASA"),
     assumed the operations of the Buddy Harrelson Baseball and
     Softball Academy .Although the Company  has incurred a
     significant amount of start-up costs, since the Company
     has generated  only minimal revenue from operations, it is
     still considered to be in the development stage.

     The  Company incurred a net loss of $650,599 for  the  three
     months  ended  March 31, 2001, resulting in  an  accumulated
     deficit  of  $7,472,952.  The Company's business  plan is now
     focused  on sports camps and providing a vertical integration
     vehicle for the team sports market, both domestically and
     internationally, utilizing available internet technologies in
     the delivery of content, communication, education and instruction.
     Under this plan,  significant  cash  will  be  required to  pay
     off current  debt  and  fund   its implementation. During the
     year ended December 31, 2000, the Company capitalized approximately
     $225,000 in costs associated with developemnt of its new website,
     Sportsinfo.com.  Completion is contingent on the ability of the
     Company to raise additional funds in this very difficult financial
     environment.  The Company's intention is to raise capital through
     the sale of its equity securities and/or to seek outside private
     sources of financing.  During the quarter ended March 31, 2001,
     the Company issued additional notes to its officers and related
     parties in the amount of $19,600 and borrowed $75,000 under its
     line of credit.  As of May 16, 2001, -0- of the credit line
     remains available. Significant  additional cash  will  be required.

     There  can  be  no  assurances  that  the  Company  will  be
     successful  in  its  attempts to  raise  sufficient  capital
     essential  to  its survival. To the extent, the  Company  is
     unable to raise the necessary operating capital, it will not
     be  able to implement its business plan, and it will  become
     necessary to curtail or cease operations. Additionally, even
     if  the  Company  does raise sufficient  operating  capital,
     there  can  be no assurances that the net proceeds  will  be
     sufficient enough to enable it to develop its business to  a
     level  where  it will generate profits and cash  flows  from
     operations.

     These  matters  raise substantial doubt about the  Company's
     ability to continue  as  a  going  concern.  However,  the
     accompanying  consolidated financial  statements  have  been
     prepared on  a going concern basis, which contemplates  the
     realization of assets and satisfaction of liabilities in the
     normal course of business. The financial statements do not
     include any  adjustments relating to the recoverability  of
     the recorded assets or the classification of the liabilities
     that might be necessary should the Company  be  unable  to
     continue as a going concern.

2    Significant accounting policies

     Interim financial information

     The condensed consolidated balance sheet as  of  March  31,
     2001, and the condensed  consolidated  statements of
     operations  and cash flows for the three months ended March
     31, 2001 and 2000 and cumulative from May 1, 1995, have been
     prepared  by  the  Company  without  audit. These interim
     financial statements include all adjustments,  consisting
     only of normal  recurring  accruals,  which   management
     considers necessary for a fair presentation of the financial
     statements for the above periods. The results of operations
     for the three months ended March 31, 2001, are not necessarily
     indicative of results that may be expected for any other interim
     periods or for the full year.

                                4
<PAGE>

2    Significant accounting policies (continued)

     Interim financial information (continued)

     These condensed consolidated financial statements should  be
     read in conjunction  with  the  consolidated financial
     statements and notes thereto for the year ended December 31,
     2000. The accounting policies used in preparing  the
     condensed consolidated financial statements are consistent
     with  those  described in the December 31, 2000 consolidated
     financial statements.

     Principles of consolidation

     The  consolidated financial statements include the  accounts
     of the Company  and  its  wholly owned  subsidiaries.  All
     significant intercompany transactions and balances have been
     eliminated in consolidation.

     Stock options

     Statement of  Financial  Accounting Standards No. 123,
     "Accounting for Stock-Based Compensation"  ("SFAS 123")
     establishes a  fair value-based method  of  accounting for
     stock compensation plans. The Company has chosen  to  adopt
     the disclosure requirements of SFAS 123 and  continue to
     record stock compensation for its employees in  accordance
     with Accounting Principles Board Opinion No. 25, "Accounting
     for Stock Issued to Employees" ("APB 25"). Under  APB  25,
     charges are made to operations in accounting  for  stock
     options granted to employees when the option exercise prices
     are below the fair market value of the common stock at the
     grant date.  Options granted to non-employees are recorded
     in accordance with SFAS 123.

     Use of estimates

     In preparing condensed consolidated financial statements in
     conformity with generally accepted accounting  principles,
     management makes estimates and assumptions that affect  the
     reported amounts of assets and liabilities and  disclosures
     of contingent assets and liabilities at the date of the
     condensed consolidated financial statements, as well as the
     reported amounts of revenue  and  expenses  during the
     reporting period.  Actual results could differ from those
     estimates.

3    Transactions with related parties

     Notes payable to officers

     Notes  payable to officers of $77,600  at  March  31, 2001
     represents  advances  made  by one of  the  Company's
     officers  to  be  used for working capital purposes.   This
     advance  is  non-interest bearing and  has  no  scheduled
     repayment terms. Interest expense, at an annual rate of 10%,
     has  been imputed on this note and reflected as additional
     paid-in capital.

     Notes payable to director

     Notes  payable  to  director ($309,560 at  March  31,  2001)
     includes  notes  payable to the Company's  Chairman  of  the
     Board ($208,485) and his spouse ($101,075).  These notes  are
     non-interest  bearing  with  a  face   amount   aggregating
     $370,441,  and  are  payable in full on December  31,  2002.
     Accordingly, interest expense, at an annual rate of 10%, has
     been imputed on these notes.

4    Notes payable and accrued interest

     Notes payable and accrued interest totaling $37,155 at March
     31, 2001 represent loans made to the Company by various investors;
     $12,500 of these notes are non-interest bearing and $24,655 of
     these notes bear interest at rates ranging from 7% to 10% per annum.

     On November 3, 2000 the Company entered into an agreement with
     European American Bank for a $300,000 revolving line of credit.
     The balance outstanding under the line at March 31, 2001 was $300,000.
     Interest is payable monthly and accrues at a rate of prime (8% at
     March 31, 2001) plus 2%. The Company is also required to maintain
     a zero loan balance for a period of no less than 30 consecutive days
     prior to the expiration of the loan. The principal and all remaining
     interest are due June 30, 2001 and the line is collateralized by
     substantially all the assets of the Company. The line of credit is
     guaranteed by three of the Company's officers.

5    Advances Payable

     During the fourth quarter of 2000, four of the Company's executives
     made advances totaling $390,000, on behalf of the Company, to the
     developer of the Company's website. Since the collection of the
     advances to the website developer is uncertain, the Company has
     recorded an allowance for the total amount of the advances. The advances
     payable to the executives are due on demand and are non-interest bearing.

6    Stockholders' deficit

     Stock and stock option transactions

     Effective January 1, 2001, the Company entered into a service agreement
     with Bret Saberhagen ("Saberhagen"). In connection with the agreement,
     Saberhagen will perform services in connection with the development and
     promotion of the products of the Company and its affiliates. Under the
     terms of the agreement, the Company issued 50,000 restricted shares of its
     common stock. For each year the agreement remains in effect, Saberhagen
     shall be paid, in arrears, 75,000 shares of its common stock. The agreement
     shall continue for a period of four years unless terminated. The Company
     agrees that, during the term, Saberhagen will be the highest compensated
     spokesman for the Company's sports camps.

     Effective January 1, 2001, the Company entered into three one-year
     employment agreements with a Chief Operating Officer, a Senior
     Director of Software Development, and a Chief Administrative Officer.
     Under the terms of the employment agreements, they will receive a
     combined annual base salary of $310,000. The Company issued a total of
     375,000 common shares to these individuals.  The nature of this
     transaction, as it relates to compensation, has not been determined by
     the Board of Directors of the Company and, accordingly, the entire $328,125
     value of these shares has been recorded as unearned compensation.  In
     addition, they will receive a total of 1,125,000 stock options on common
     shares of the Company with three year vesting and an exercise price of
     $1.00. Additionally, the base salaries may be increased based on certain
     performance milestones and must be approved by the Company's President,
     Chief Executive Officer and Board of Directors. The agreements may be
     terminated with or without cause.

     Additionally, during the quarter ended March 31, 2001, the Company recorded
     a charge to operations of $313,803 which represents the amortized cost of
     stock options previously granted to employees and consultants.

7    American Sports Academy, LLC ("ASA")

     In the second quarter 2000, the Company's newly formed subsidiary, ASA,
     assumed the operations of the Buddy Harrelson Baseball and Softball
     Academy ("BHBSA").  Revenue and expenses related to the Company's operation
     of the sports camps have been included in the Company's financial results
     since that date.  One of the Company's officers/directors is a co-owner
     of the BHBSA.  The Company has verbally agreed to compensate the owners
     of the BHBSA with a combination of Company stock and options based upon the
     future performance of ASA.  Since the parties have not yet determined the
     consideration to be paid to BHBSA, no consideration has been reflected in
     the accompanying financial statements.

8    Commitments and contingencies

     Legal proceedings

     On June 30, 1996, a default judgment was entered against
     Infinet, the Company's wholly owned subsidiary, and certain
     of the Company's principal stockholders by a former
     shareholder of Fans Publishing Inc., alleging breach of
     contractual commitments and other matters. Effective October
     14, 1997, on behalf of himself and the Company, Mr. Nerlino
     entered into a settlement agreement that required  the
     Company to pay $100,000 in cash and to issue 225,000 shares
     of its common stock.  As a result, the Company recorded  a
     charge to operations of $122,500 in 1997. The $100,000  is
     payable, without interest, in two installments: $5,000
     within 120 days of the agreement and $95,000 by October 14,
     2000.  The Company is delinquent with its payment that was due
     on October 14, 2000; however, the Company is currently in the
     process of negotiating new payment terms. The first cash
     installment was paid in November 1998 and the common stock was
     issued in June 1998.

     On August 2,1996, the Company became a defendant in a case
     involving one of its current stockholders.  The stockholder
     was seeking a refund of approximately $200,000, the original
     amount invested in the Company's common stock.  On November
     2, 1998, the Company entered into a settlement agreement
     with the stockholder. Pursuant to the agreement, the Company
     issued 50,000 shares of its common stock to the stockholder
     in 1998. The Company is also obligated to pay $50,000. At March
     31, 2001, $25,000 is outstanding and due November 2001.

     The Company is delinquent in paying many of its outstanding
     debts and has been notified by several creditors that they
     have already initiated or may pursue legal remedies.  The
     Company believes that all amounts are appropriately accrued
     in its financial statements. Since the Company does not
     currently have the financial resources to satisfy these
     debts, it intends to negotiate settlements with its
     creditors in the near term. It is not possible to predict
     the ultimate outcome of these matters.

     In March 2001, the shareholders consented to increase the authorized
     number of shares of common stock from 25,000,000 to 75,000,000,
     par value $.001 per share.  The Company has not effectuated the
     change at this time.

     Also in March 2001, the shareholders consented to change the name
     of the Corporation to "SportsInfo, Inc."  The Company has not
     effectuated the change at this time.

                                 6

<PAGE>

ITEM II - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

     Forward-looking statements

     This Form 10-QSB includes, without limitation,  certain
     statements containing the words "believes", "anticipates",
     "estimates", and words of a similar nature, constitute
     "forward-looking statements" within the meaning of the
     Private Securities Litigation Reform Act of 1995. This Act
     provides a "safe harbor" for forward-looking statements  to
     encourage companies to provide prospective information about
     themselves so long  as they identify these  statements  as
     forward looking and provide meaningful, cautionary
     statements identifying important factors that could cause
     actual results to differ from the projected results.  All
     statements other than statements of historical fact made in
     this Form 10-QSB are forward-looking. In particular, the
     statements  herein regarding industry prospects and future
     results of operations or financial position  are forward-
     looking statements.  Forward-looking statements reflect
     management's current expectations and are inherently
     uncertain.  The Company's actual results  may differ
     significantly from management's expectations.

Overview:

     Although  the Company has incurred a significant amount of
     start-up  costs,  since  the Company has generated  only  minimal
     revenue from operations, the Company is still considered to be in
     the development stages.

     In May 2000, the Company's subsidiary, American Sports  Academy,
     LLC ("ASA"), led by the Company's  director  and former  member
     of the Baltimore Orioles and New York  Mets, Rob Dromerhauser,
     assumed operations of the Bud  Harrelson  Baseball and  Softball
     Academy.  ASA  has an all-star  lineup  of  sports professionals
     such as Keith Hernandez and Bret Saberhagen in  baseball, and  Marty
     Lyons  in football.  Existing camps  in  five  sports (baseball,
     softball,  soccer, wrestling and  lacrosse)  are  now offered
     for  children ages 5-15 with further expansion  planned. The
     Company believes that ASA will provide an on-going  revenue
     stream and a solid foundation on which to build for the future.

     The  Company  is  continuing to develop  its  new  website,
     Sportsinfo.com.  Completion is contingent on the ability of the
     Company to raise additional funds in this very difficult financial
     environment.

Results of Operations -

     During the quarter ended March 31, 2001, general and administrative
     expenses were $650,599. During the quarter ended March 31, 2000
     general and administrative expenses and product development expenses
     were $269,859 and $63,827 respectively.  Prior to 1999 a minimal
     amount was spent on research and development activity.  Cumulative
     from May 1, 1995, the Company has incurred $637,279 of product development
     expenses.

                                7
<PAGE>

     During  the  quarters ended March 31, 2001 and 2000, the Company
     had net losses of $650,599 and $333,686, respectively.

     As  of  March  31,  2001 and 2000,  the  Company  was  a development
     stage  company  that  had  generated  only   minimal revenues from
     operation.  The Company expects to incur continuing general  and
     administrative expenses,  without  any  significant operating
     revenues, until such time as it is  able  to  commence substantial
     revenue generating operations.   The  generation  of significant
     revenue will be dependent upon the  Company  raising substantial
     working capital from the sale of  equity  securities and   or
     obtaining  funds  from  loan  proceeds,  and  operating revenues.
     There can be no assurances, however, that the Company will
     ultimately  be successful in raising the necessary  capital and  in
     establishing itself as a sports information and  service provider.

Liquidity and Capital Resources:

     The  Company incurred a net loss of $650,599 for the quarter ended
     March 31, 2001, resulting in an accumulated deficit  of $7,472,952.
     Management of the Company is continuing to develop a business  plan
     summarizing its strategy  for  the  next  several years.  This  plan
     is  now  focused  on sports camps and providing  a  vertical integration
     vehicle for the team sports market, both domestically and internationally,
     utilizing available internet technologies in the   delivery  of  content,
     communication,   education   and instruction.  Under this plan, significant
     cash will be  required to  pay  off  current  debt and fund  its
     implementation.  The Company's intention is to raise capital through the
     sale of its equity securities and/or seek outside private sources of
     financing.  The Company issued additional notes to its officers
     and related parties in the amount of $19,600, and borrowed the remaining
     $75,000 under its line of credit. The line of credit totaling $300,000 is
     due on June 30, 2001 and requires that the Company maintain a zero loan
     balance for a period of no less than 30 consecutive days prior to the
     expiration of the loan, and such period has not occurred as of May 16,
     2001.  Significant additional cash will be required.

     There  can  be  no  assurances that  the  Company  will  be successful
     in its attempts to raise sufficient capital  essential to  its  survival.
     To the extent the Company is unable to  raise the necessary operating
     capital,it will not be able to implement its  business  plan, and it will
     become necessary to  curtail  or cease operations.  Additionally, even if
     the Company does raise  sufficient operating capital, there can be  no
     assurances that  the net proceeds will be sufficient enough to enable it
     to develop its  business to a level where it will generate  profits and
     cash  flow from operations.  These matters raise substantial doubt about
     the Company's ability to continue as a going concern.

     The  Company  currently  has ten full-time  employees.   In addition,
     there are seasonal part-time employees in the ASA operations.  In the
     business plan, it is contemplated that additional employees will be added
     as funding permits.  Although there can be no assurances, management of
     the Company intends to sustain operations during the year ended December
     31, 2001, with the cash resources expected to be generated by the
     operations that had begun in the year ended December 31, 2000, the
     continued sale of common stock, issuance of stock for services, by
     seeking outside private sources of financing and through management's
     ability to control discretionary expenditures.  The Company intends to
     continue to offer common stock or options to officers, employees and
     consultants for services rendered to conserve working capital.

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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

        See   Note   7   to   Condensed  Consolidated   Financial
        Statements "Commitments and Contingencies."

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

        (a)Exhibits: None

        (b)Reports on Form 8-K: The Company filed a report on Form 8-K
        with the Securities and Exchange Commission on January 30,
        2001, reporting under item 4 a change in the Company's
        certifying accountants.

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                           SIGNATURES

In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                              AMERICAN SPORTS HISTORY INCORPORATED


Date:  May 16, 2001           By: /s/ HERBERT J. HEFKE
                                  Herbert J. Hefke
                                  President and Chief Executive Officer

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