| TOP GEAR INC.                                                                      |
|------------------------------------------------------------------------------------|
| (Exact name of Registrant as specified in its charter)                             |
|                                                                               |
| Delaware                                                                           |   | 30-0473898 |
| (State or other jurisdiction of incorporation ororganization)                      |   | (IRS Employer Identification No.) |
| 72 Yehudah HaMaccabi StreetUnit 11Tel Aviv, Israel 61070                           |
| (Address of principal executive offices)   (zip code)               |
|                                                                               |
| + (972) 52-570-3774                                                                |
| (Registrant’s telephone number, including area code)                         |
|                                                                               |
| N/A                                                                                |
| (Former name, former address and former fiscal year, if changed since last report) |

| Large accelerated filer                       |  ̈ | Accelerated filer         |  ̈ |
|-----------------------------------------------|--------|---------------------------|--------|
| Non-accelerated filer                         |  ̈ | Smaller reporting company | x      |
| (Do not check if a smaller reporting company) |   |                      |

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| Part I—Financial Information                                                                                                  |
|-------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                |   |   |
| Item 1.  Financial Statements - Unaudited                                                                                      |   |   |
|                                                                                                                                |   |   |
| Balance Sheets as of March 31, 2011 and December 31, 2010                                                                           |   | F-2 |
|                                                                                                                                |   |   |
| Statements of Operations and Comprehensive (Loss) for the Three Months Ended March 31, 2011 and 2010, and Cumulative from Inception |   | F-3 |
|                                                                                                                                |   |   |
| Statement of Stockholders’ Equity for the Period from Inception Through March 31, 2011                                        |   | F-4 |
|                                                                                                                                |   |   |
| Statements of Cash Flows for the Three Months Ended March 31, 2011 and Cumulative from Inception                                    |   | F-5 |
|                                                                                                                                |   |   |
| Notes to Financial Statements March 31, 2011                                                                                        |   | F-6 |
|                                                                                                                                |   |   |
| Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations                           |   | 3 |
|                                                                                                                                |   |   |
| Item 3. Quantitative and Qualitative Disclosures About Market Risk                                                             |   | 4 |
|                                                                                                                                |   |   |
| Item 4.  Controls and Procedures                                                                                          |   | 5 |
|                                                                                                                                |   |   |
| Part II – Other Information                                                                                                   |
|                                                                                                                                |   |   |
| Item 1.  Legal Proceedings                                                                                                     |   | 5 |
|                                                                                                                                |   |   |
| Item 1A.  Risk Factors                                                                                                         |   | 5 |
|                                                                                                                                |   |   |
| Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                                                           |   | 5 |
|                                                                                                                                |   |   |
| Item 3.  Defaults upon Senior Securities                                                                                  |   | 5 |
|                                                                                                                                |   |   |
| Item 4.  (Removed and Reserved)                                                                                           |   | 5 |
|                                                                                                                                |   |   |
| Item 5.  Other Information                                                                                                |   | 5 |
|                                                                                                                                |   |   |
| Item 6.  Exhibits                                                                                                              |   | 5 |
|                                                                                                                                |   |   |
| Signatures                                                                                                                          |    | 6 |

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| Financial Statements-                                                        |   |
|------------------------------------------------------------------------------|--------|
|                                                                         |   |
| Balance Sheets as of March 31, 2011 and December 31, 2010                    | F-2    |
|                                                                         |   |
| Statements of Operations for the Three Months Ended                          |   |
| March 31, 2011 and 2010, and Cumulative from Inception                       | F-3    |
|                                                                         |   |
| Statement of Stockholders’ Equity for the Period from Inception        |   |
| through March 31, 2011                                                       | F-4    |
|                                                                         |   |
| Statements of Cash Flows for the Three Months Ended March 31, 2011 and 2010, |   |
| and Cumulative from Inception                                                | F-5    |
|                                                                         |   |
| Notes to Financial Statements                                                | F-6    |

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|                                                                      |   | As of       |     |   | As of        |   |
|---------------------------------------------------------------------------|--------|-------------|----------|--------|--------------|--------|
|                                                                      |   | March 31,   |     |   | December 31, |   |
|                                                                      |   | 2011        |     |   | 2010         |   |
|                                                                      |   | (Unaudited) |     |   | (Audited)    |   |
| ASSETS                                                                    |   |        |     |   |         |   |
| Current Assets:                                                           |   |        |     |   |         |   |
| Cash and cash equivalents                                                 |   | $           | 23,566   |   |         | $      | 6,176 |   |
| Prepaid expenses                                                          |   |        | 307      |   |         |   | - |   |
| Total current assets                                                      |   |        | 23,873   |   |         |   | 6,176 |   |
|                                                                      |   |        |     |   |         |   |   |   |
| Total Assets                                                              |   | $           | 23,873   |   |         | $      | 6,176 |   |
|                                                                      |   |        |     |   |         |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                      |   |        |     |   |         |   |   |   |
|                                                  |   |        |     |   |         |   |   |   |
| Current Liabilities:                                                      |   |        |     |   |         |   |   |   |
| Accounts payable and accrued liabilities                                  |   | $           | 23,061   |   |         | $      | 18,277 |   |
| Advance customer payments                                                 |   |        | 90       |   |         |   | - |   |
| Loan payable to directors                                                 |   |        | 25,475   |   |         |   | 15,975 |   |
|                                                                      |   |        |     |   |         |   |   |   |
| Total current liabilities                                                 |   |        | 48,626   |   |         |   | 34,252 |   |
|                                                                      |   |        |     |   |         |   |   |   |
| Commitments and Contingencies                                             |   |        | -        |   |         |   | - |   |
|                                                                      |   |        |     |   |         |   |   |   |
| Stockholders' Equity (Deficit):                                           |   |        |     |   |         |   |   |   |
| Common stock, par value $0.0001 per share, 100,000,000 shares authorized; |   |        |     |   |         |   |   |   |
| 8,620,000 shares issued and outstanding                                   |   |        | 862      |   |         |   | 862 |   |
| Additional paid-in capital                                                |   |        | 89,778   |   |         |   | 89,778 |   |
| (Deficit) accumulated during development stage                            |   |        | (115,393 | )      |         |   | (118,716 | ) |
|                                                                      |   |        |     |   |         |   |   |   |
| Total stockholders' equity (deficit)                                      |   |        | (24,753  | )      |         |   | (28,076 | ) |
|                                                                      |   |        |     |   |         |   |   |   |
| Total Liabilities and Stockholders' Equity                                |   | $           | 23,873   |   |         | $      | 6,176 |   |

----

|                                        |   | Three Months Ended |      |   | Three Months Ended |   |      | Cumulative |   |
|---------------------------------------------|--------|------------------------------|-----------|--------|------------------------------|--------|-----------|------------|--------|
|                                        |   | March 31,               |      |   | March 31,               |   |      | From       |   |
|                                        |   | 2011                         |      |   | 2010                         |   |      | Inception  |   |
|                                        |   |                         |      |   |                         |   |      |       |   |
| Revenues                                    |   | $                            | 26,670    |   |                         | $      | -         |       |   | $ | 26,670 |   |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Expenses:                                   |   |                         |      |   |                         |   |      |       |   |   |   |   |
| General and administrative-                 |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Professional fees                           |   |                         | 12,065    |   |                         |   | 5,000     |       |   |   | 54,108 |   |
| Consulting fees                             |   |                         | 11,261    |   |                         |   | -         |       |   |   | 86,574 |   |
| Franchise tax expense                       |   |                         | -         |   |                         |   | -         |       |   |   | 125 |   |
| Other                                       |   |                         | 21        |   |                         |   | 40        |       |   |   | 1,255 |   |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Total general and administrative expenses   |   |                         | 23,347    |   |                         |   | 5,040     |       |   |   | 142,063 |   |
|                                        |   |                         |      |   |                         |   |      |       |   |   | - |   |
| Profit (Loss) from Operations               |   |                         | 3,323     |   |                         |   | (5,040    | )          |   |   | (115,393 | ) |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Other Income (Expense)                      |   |                         | -         |   |                         |   | -         |       |   |   | - |   |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Provision for income taxes                  |   |                         | -         |   |                         |   | -         |       |   |   | - |   |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Net Income (Loss)                           |   | $                            | 3,323     |   |                         | $      | (5,040    | )          |   | $ | (115,393 | ) |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| (Loss) Per Common Share:                    |   |                         |      |   |                         |   |      |       |   |   |   |   |
| (Loss) per common share - Basic and Diluted |   | $                            | 0.00      |   |                         | $      | (0.00     | )          |   |   |   |   |
|                                        |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Weighted Average Number of Common Shares    |   |                         |      |   |                         |   |      |       |   |   |   |   |
| Outstanding - Basic and Diluted             |   |                         | 8,620,000 |   |                         |   | 8,620,000 |       |   |   |   |   |

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|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   | (Deficit)       |   |   |   |   |
|----------------------------------------------|--------|-------------------|-----------|--------|---------------|--------|--------|------------|--------|--------|-------------|--------|--------|-----------------|--------|--------|--------|--------|
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   | Accumulated     |   |   |   |   |
|                                         |   |              |      |   |          |   |   | Stock      |   |   | Additional  |   |   | During the |   |   |   |   |
|                                         |   | Common stock |      |   | Subscriptions |   |   | Paid-in    |   |   | Development |   |   |            |   |
| Description                                  |   | Shares            |      |   | Amount        |   |   | Receivable |   |   | Capital     |   |   | Stage           |   |   | Totals |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |
| Balance - at inception                       |   |              | -         |   |          | $      | -      |       |   | $      | -           |   |   | $               | -      |   |   | $      | - |   |   | $ | - |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Common stock issued for cash ($0.0001/share) |   |              | 6,000,000 |   |          |   | 600    |       |   |   | -           |   |   |            | -      |   |   |   | - |   |   |   | 600 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Capital contribution                         |   |              | -         |   |          |   | -      |       |   |   | -           |   |   |            | 49,400 |   |   |   | - |   |   |   | 49,400 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Net (loss) for the period                    |   |              | -         |   |          |   | -      |       |   |   | -           |   |   |            | -      |   |   |   | (42,166 | ) |   |   | (42,166 | ) |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Balance - December 31, 2008                  |   |              | 6,000,000 |   |          |   | 600    |       |   |   | -           |   |   |            | 49,400 |   |   |   | (42,166 | ) |   |   | 7,834 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Common stock subscribed ($0.00014/share)     |   |              | 1,000,000 |   |          |   | 100    |       |   |   | (140        | )      |   |            | 40     |   |   |   | - |   |   |   | - |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Common stock issued for cash ($0.025/share)  |   |              | 1,620,000 |   |          |   | 162    |       |   |   | -           |   |   |            | 40,338 |   |   |   | - |   |   |   | 40,500 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Net (loss) for the period                    |   |              | -         |   |          |   | -      |       |   |   | -           |   |   |            | -      |   |   |   | (31,618 | ) |   |   | (31,618 | ) |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Balance -December 31, 2009                   |   |              | 8,620,000 |   |          |   | 862    |       |   |   | (140        | )      |   |            | 89,778 |   |   |   | (73,784 | ) |   |   | 16,716 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Stock subscription payment received          |   |              | -         |   |          |   | -      |       |   |   | 140         |   |   |            | -      |   |   |   | - |   |   |   | 140 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Net (loss) for the period                    |   |              | -         |   |          |   | -      |       |   |   | -           |   |   |            | -      |   |   |   | (44,932 | ) |   |   | (44,932 | ) |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Balance -December 31, 2010                   |   |              | 8,620,000 |   |          |   | 862    |       |   |   | -           |   |   |            | 89,778 |   |   |   | (118,716 | ) |   |   | (28,076 | ) |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Net income for the period                    |   |              | -         |   |          |   | -      |       |   |   | -           |   |   |            | -      |   |   |   | 3,323 |   |   |   | 3,323 |   |
|                                         |   |              |      |   |          |   |   |       |   |   |        |   |   |            |   |   |   |   |   |   |   |   |   |   |
| Balance -March 31, 2011                      |   |              | 8,620,000 |   |          |   | 862    |       |   |   | -           |   |   |            | 89,778 |   |   |   | (115,393 | ) |   |   | (24,753 | ) |

----

|                                              |   | Three Months Ended |   |   | Three Months Ended |   |   | Cumulative |   |
|---------------------------------------------------|--------|------------------------------|--------|--------|------------------------------|--------|--------|------------|--------|
|                                              |   | March 31,               |   |   | March 31,               |   |   | From       |   |
|                                              |   | 2011                         |   |   | 2010                         |   |   | Inception  |   |
|                                              |   |                         |   |   |                         |   |   |       |   |
| Operating Activities:                             |   |                         |   |   |                         |   |   |       |   |
| Net (loss)                                        |   | $                            | 3,323  |   |                         | $      | (5,040 | )          |   | $ | (115,393 | ) |
| Adjustments to reconcile net (loss) to net cash   |   |                         |   |   |                         |   |   |       |   |   |   |   |
| provided by operating activities:                 |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Changes in net assets and liabilities-            |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Prepaid expenses                                  |   |                         | (307   | )      |                         |   | -      |       |   |   | (307 | ) |
| Accounts payable and accrued liabilities          |   |                         | 4,784  |   |                         |   | -      |       |   |   | 23,061 |   |
| Advance customer payments                         |   |                         | 90     |   |                         |   | -      |       |   |   | 90 |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Net Cash Used in Operating Activities             |   |                         | 7,890  |   |                         |   | (5,040 | )          |   |   | (92,549 | ) |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Investing Activities:                             |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Cash provided by investing activities             |   |                         | -      |   |                         |   | -      |       |   |   | - |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Net Cash Provided by Investing Activities         |   |                         | -      |   |                         |   | -      |       |   |   | - |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Financing Activities:                             |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Proceeds from director loans                      |   |                         | 9,500  |   |                         |   | -      |       |   |   | 25,475 |   |
| Proceeds from common stock                        |   |                         | -      |   |                         |   | 140    |       |   |   | 90,640 |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Net Cash Provided by Financing Activities         |   |                         | 9,500  |   |                         |   | 140    |       |   |   | 116,115 |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Net (Decrease) Increase in Cash                   |   |                         | 17,390 |   |                         |   | (4,900 | )          |   |   | 23,566 |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Cash - Beginning of Period                        |   |                         | 6,176  |   |                         |   | 16,716 |       |   |   | - |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Cash - End of Period                              |   | $                            | 23,566 |   |                         | $      | 11,816 |       |   | $ | 23,566 |   |
|                                              |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Supplemental Disclosure of Cash Flow Information: |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Cash paid during the period for:                  |   |                         |   |   |                         |   |   |       |   |   |   |   |
| Interest                                          |   | $                            | -      |   |                         | $      | -      |       |   | $ | - |   |
| Income taxes                                      |   | $                            | -      |   |                         | $      | -      |       |   | $ | - |   |

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|                          |   | 2011   |   |   | 2010   |   |
|-------------------------------|--------|--------|--------|--------|--------|--------|
|                          |   |   |   |   |   |   |
| Current Tax Provision:        |   |   |   |   |   |   |
| Federal-                      |   |   |   |   |   |   |
| Taxable income                |   | $      | -      |   |   | $      | - |   |
|                          |   |   |   |   |   |   |   |   |
| Total current tax provision   |   | $      | -      |   |   | $      | - |   |
|                          |   |   |   |   |   |   |   |   |
| Deferred Tax Provision:       |   |   |   |   |   |   |   |   |
| Federal-                      |   |   |   |   |   |   |   |   |
| Loss carryforwards            |   | $      | (764   | )      |   | $      | 1,159 |   |
| Change in valuation allowance |   |   | 764    |   |   |   | (1,159 | ) |
|                          |   |   |   |   |   |   |   |   |
| Total deferred tax provision  |   | $      | -      |   |   | $      | - |   |

|                          |   | 2011   |    |   | 2010   |   |
|-------------------------------|--------|--------|---------|--------|--------|--------|
|                          |   |   |    |   |   |   |
| Loss carryforwards            |   | $      | 26,540  |   |   | $      | 27,305 |   |
| Less - Valuation allowance    |   |   | (26,540 | )      |   |   | (27,305 | ) |
|                          |   |   |    |   |   |   |   |   |
| Total net deferred tax assets |   | $      | -       |   |   | $      | - |   |

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| Exhibit No. |         | Description                                                                                                  |
|-------------|--------------|--------------------------------------------------------------------------------------------------------------|
|        |         |                                                                                                         |
| 3.1         |         | Articles of Incorporation (Incorporated by reference from our Registration Statement on Form S-1).           |
|        |         |                                                                                                         |
| 3.2         |         | Bylaws (Incorporated by reference from our Registration Statement on Form S-1).                              |
|        |         |                                                                                                         |
| 4.1         |         | Specimen ordinary share certificate (Incorporated by reference from our Registration Statement on Form S-1). |
|        |         |                                                                                                         |
| 31*         |         | Section 302 Certification of the Sarbanes-Oxley Act of 2002 of Omri Amos Shalom.                             |
|        |         |                                                                                                         |
| 32*         |    | Section 906 Certification of the Sarbanes-Oxley Act of 2002 of Omri Amos Shalom.                             |

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| /s/Omri Amos Shalom |   |
|---------------------|--------|

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