Securities And Exchange Commission
                             Washington, D.C. 20549

                                   FORM 10-QSB

(x)  Quarterly Report Pursuant To Section 13 Or 15(d) Of The Securities Exchange
     Act Of 1934

     For The Quarterly Period Ended June 30, 2003.

( )  Transition Report Under Section 13 Or 15(d) Of The Securities Exchange
     Act Of 1934

        For The Transition Period From ______________To_________________

                        Commission File Number 333-31238


                             Grand Prix Sports, Inc.
              ----------------------------------------------------
             (Exact Name Of Registrant As Specified In Its Charter)


                Washington                                  52-2219677
       ------------------------------                   -----------------
      (State or Other Jurisdiction of                  (I.R.S. Employer
       Incorporation or Organization)                  Identification No.)

                        23332 Mill Creek Drive, Suite 230
                             Laguna Hills, CA 92653
                                 (949) 679-6221
          ------------------------------------------------------------
          (Address, Including Zip Code, And Telephone Number, Including
            Area Code, Of Registrant's mailing address in California)

     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 ( )

The number of outstanding shares of the issuer's common stock, $0.0001 par
value, as of June 30, 2003 was 20,500,000.

<PAGE>

                                TABLE OF CONTENTS

                                                                         Page
                                                                         ----




                                     Part I


Item 1.   Financial Statements

Balance Sheet as Of June 30, 2003 (Unaudited)........................      2

Unaudited Statements of Operations And Accumulated Deficit
  For The Three and Six Months Ended June 30, 2003 and
  2002, and For the Period June 3, 1999(Date of Inception)
  to June 30, 2003 ..................................................      3

Unaudited Statements of Cash Flows for the Six Months
  Ended June 30, 2003 and 2002 and For the Period
  June 3, 1999 (Date of Inception) to June 30, 2003..................      4

Statements of Stockholders Equity For The Six Months
  Ended June 30, 2003 and for the Period June 3,
  1999 (Date of Inception) to June 30, 2003 ........................       5


Notes To Financial Statements (Unaudited) ...........................      6

Item 2.   Management's Discussion and Analysis ......................     11

Item 3.   Controls and Procedures....................................     13

                           Part II - Other Information


Item 4.   Exhibits and Reports on Form 8-K ..........................     14

Item 5.   Signatures ................................................     14


                                        i
<PAGE>
<TABLE>
<CAPTION>

GRAND PRIX SPORTS, INC
(Formerly DDR Systems, Inc..)
(A Development Stage Company)
Balance Sheet
June 30, 2003
-------------------------------------------------------------------------------------

                                                                             June 30,
                                                                              2003
                                                                           (Unaudited)
ASSETS

CURRENT ASSETS
<S>                                                                         <C>
      Cash                                                                  $   5,210
                                                                            ---------
           TOTAL CURRENT ASSETS                                                 5,210
                                                                            ---------


           TOTAL ASSETS                                                     $   5,210
                                                                            =========

CURRENT LIABILITIES
      Accounts payable and accrued expenses :
           Accrued professional fees                                        $  38,198
                                                                            ---------
           TOTAL CURRENT LIABILITIES                                           38,198
                                                                            ---------

COMMITMENT (Note B)

STOCKHOLDERS' DEFICIT (Note C)

           Preferred stock, par value $.0001; 20,000,000
           shares authorized; 0 issued and outstanding

           Common stock, par value $.0001, 100,000,000 shares authorized;
           20,500,000 issued and outstanding 2,050ne 30, 2003

           Additional paid-in capital                                         291,435
           Deficit accumulated
                  during the development stage                               (326,473)
                                                                            ---------

           TOTAL STOCKHOLDERS' DEFICIT                                        (32,988)
                                                                            ---------

           TOTAL LIABILITIES AND
             STOCKHOLDERS' DEFICIT                                          $   5,210
                                                                            =========


                          See Notes to Financial Statements

                                         2
<PAGE>

GRAND PRIX SPORTS, INC
(Formerly DDR Systems, Inc..)
(A Development Stage Company)
Statements of Operations (Unaudited)
For the Three and Six Months Ended June 20, 2003 and 2002, and
for the Period June 3, 1999 (Date of Inception) to June 30, 2003
--------------------------------------------------------------------------------------------------------------------

                                        Three Months    Three Months     Six Months     Six Months      June 3, 1999
                                           Ended           Ended           Ended           Ended       (Inception) to
                                          June 30,        June 30,        June 30,        June 30,        June 30,
                                            2003            2002            2003            2002            2003
                                        ------------    ------------    ------------    ------------    ------------
Revenue
     Gain on sale of investment         $       --      $       --      $       --      $       --      $     80,000
     Gain on forgiveness of debt                --              --              --              --            38,864
                                        ------------    ------------    ------------    ------------    ------------
     Total Revenue                              --              --              --              --           118,864

Expenses
     Loss on investment                                                                                       90,000
     Bank charges                                 60              20             105              20             661
     Communication                                                                                             8,204
     Consulting fees                                                                                          16,043
     Meals and entertainment                                                                                  35,543
     Depreciation and amortization                                34                              68           6,123
     Marketing and promotion                                                                                  31,029
     Office                                      685                           1,880                           3,364
     Professional fees                        20,376          33,724          26,113          58,352         193,489
     Investor relations                          898           1,119            (832)          1,861          26,551
     Write down of loss due to
       license revisions                                                                                       4,639
     Write down of furniture and
       equipment                                                                                               1,315
     Travel                                                                      375          (2,030)         23,576
     Taxes                                                                                                       800
     Interest expense (related party)                            875                           1,695           4,001
                                        ------------    ------------    ------------    ------------    ------------

     Total Expenses                           22,019          35,772          27,641          59,966         445,337
                                        ------------    ------------    ------------    ------------    ------------

      Net Earnings (Loss)               $    (22,019)   $    (35,772)   $    (27,641)   $    (59,966)   $   (326,473)
                                        ============    ============    ============    ============    ============


     Basic And Diluted Loss per Share   $    (0.0011)   $    (0.0024)   $    (0.0015)   $    (0.0040)
                                        ============    ============    ============    ============

     Weighted average common
        shares outstanding                19,833,333      15,000,000      18,938,889      15,000,000


                                          See notes to financial statements

                                                          3
<PAGE>

GRAND PRIX SPORTS, INC
(Formerly DDR Systems, Inc.)
(A Development Stage Company)
Statements of Cash Flows
Six Months Ended June 30, 2003 and 2002 and
The Period June 3, 1999 (Date of Inception) to June 30, 2003
----------------------------------------------------------------------------------------------------

                                                              Six Months    Six Months  June 3, 1999
                                                                Ended         Ended    (Inception) to
                                                               June 30,     June 30,      June 30,
                                                                 2003         2002          2003
                                                               ---------    ---------    ---------

CASH FLOWS FROM OPERATING ACTIVITIES:
      Net loss                                                 $ (27,641)   $ (59,966)   $(326,473)
      Adjustments to reconcile net loss
      tonet cash used by operating activities:
        Depreciation                                                               68          762
        Amortization                                                                         5,361
        License impairment agreement                                                         4,639
        Abondonment of furniture & equipment                                                 1,315
        Loss on investment                                                                  90,000
CHANGES IN CURRENT ASSETS AND CURRENT
      LIABILITIES:
      Increase (decrease) in current liabilities:
        Accounts payable and accrued expenses                      6,475       28,778       38,198
                                                               ---------    ---------    ---------
        NET CASH USED FOR OPERATING ACTIVITIES                   (21,166)     (31,120)    (186,198)
                                                               ---------    ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES:
      Acquisition of furniture and equipment                        --           --         (2,077)
                                                               ---------    ---------    ---------
        NET CASH USED FOR INVESTING ACTIVITIES                      --           --         (2,077)
                                                               ---------    ---------    ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
      Sale of common stock                                        25,000       24,985      193,485
        Related party loan                                                      4,083
                                                               ---------    ---------    ---------
        NET CASH PROVIDED  BY FINANCING ACTIVITIES                25,000       29,068      193,485
                                                               ---------    ---------    ---------

NET INCREASE (DECREASE) IN CASH                                    3,834       (2,052)       5,210

CASH, beginning of period                                          1,376        3,212         --
                                                               ---------    ---------    ---------

CASH, end of period                                            $   5,210    $   1,160    $   5,210
                                                               =========    =========    =========

SUPPLEMENTAL DISCLOSURE:

      Interest paid                                                         $     820

Noncash investing and financing activities
     License agreement acquired by issue of common stock       $    --      $    --      $  10,000
     Nordic Racing Limited acquired by issue of common stock   $    --      $  90,000    $  90,000
     Forgiveness of related party loan                         $    --      $    --      $  38,864


                                See notes to financial statements

                                               4
<PAGE>

GRAND PRIX SPORTS, INC
(Formerly DDR Systems, Inc.)
(A Development Stage Company)
Statements of Stockholder's Deficit
Six Months Ended June 30, 2003
The Period June 3, 1999 (Date of Inception) to June 30, 2003
-----------------------------------------------------------------------------------------------------------------------------------


                                                                Common Stock                    Deficit Accumulated
                                                         --------------------------     Additional   during the        Total
                                                          Number of                      Paid-in    Developmental   Stockholder's
                                                           Shares          Amount        Capital        Stage          Equity
                                                         -----------    -----------    -----------   -----------    -----------
BALANCES
    June 3, 1999                                                --      $      --      $      --     $      --      $      --

    Shares issued during the period
         Shares issued to acquire license (Note B)        50,000,000          5,000          5,000                       10,000
         Shares issued for cash                           11,500,000          1,150        102,350                      103,500

    Net loss for the period from June 3, 1999
    (inception) through December 31, 1999                                                                (18,936)       (18,936)

BALANCES
                                                         -----------    -----------    -----------   -----------    -----------
    December 31, 1999                                     61,500,000          6,150        107,350       (18,936)        94,564

    Net loss for 2000                                                                                    (88,027)       (88,027)

BALANCES
                                                         -----------    -----------    -----------   -----------    -----------
    December 31, 2000                                     61,500,000          6,150        107,350      (106,963)         6,537

    Shares issued during the period
         Shares Issued for Nordic acquisition (Note G)     1,000,000            100         89,900                       90,000

    Shares cancelled during the period
         Shares cancelled for license
         agreement revisions                             (47,500,000)        (4,750)         4,750                         --

    5:1 forward stock split                                      5:1

    Net Loss through December 31, 2001                                                                  (181,335)      (181,335)

BALANCES
                                                         -----------    -----------    -----------   -----------    -----------
    December 31, 2001                                     15,000,000          1,500        202,000      (288,298)       (84,798)

    Issuance of common stock                               3,000,000            300         64,685                       64,985

    Net Loss through December 30, 2002                                                                   (10,534)       (10,534)

BALANCES
                                                         -----------    -----------    -----------   -----------    -----------
    December 31, 2002                                     18,000,000          1,800        266,685      (298,832)       (30,347)
                                                         ===========    ===========    ===========   ===========    ===========

    Issuance of common stock                               2,500,000            250         24,750                       25,000

    Net Loss through June 30, 2003                                                                       (27,641)       (27,641)

BALANCES
                                                         -----------    -----------    -----------   -----------    -----------
    June 30, 2003                                         20,500,000          2,050        291,435      (326,473)       (32,988)
                                                         ===========    ===========    ===========   ===========    ===========


                                              See notes to financial statements

                                                             5
</TABLE>
<PAGE>

                             Prepared By Management
                             Grand Prix Sports, Inc.
                          (A Development Stage Company)
                    Notes to Financial Statements (Unaudited)
                     For The Six Months Ended June 30, 2003

Note A-Organization And Summary Of Significant Accounting Policies

Basis of Presentation
---------------------

The unaudited financial statements of Grand Prix Sports, Inc. (the "Company") as
of June 30, 2003 and for the six month periods ended June 30, 2003 and 2002 have
been prepared in accordance with accounting principles generally accepted in the
United States for interim financial reporting. Accordingly, they do not include
all of the disclosures required by accounting principles generally accepted in
the United States for complete financial statements and should be read in
conjunction with the audited consolidated financial statements and notes thereto
included in the Company's Form 10-K for the year ended December 31, 2002. In the
opinion of management, all adjustments (consisting only of normal recurring
adjustments) considered necessary for a fair presentation of the interim
financial information have been included. The results of operations for any
interim period are not necessarily indicative of the results of operations for
the entire year.

Organization
------------

The Company has been in the development stage since its incorporation under the
laws of the state of Washington on June 3, 1999.

On March 9, 2001, the Company amended its articles of incorporation by changing
the name of the Company to Grand Prix Sports, Inc.

Effective March 9, 2001, the Company entered into an Agreement and Plan of Share
Exchange (the "Exchange Agreement") with Damask International, Jonathan Iseson,
T. Todd Stabler, and Dr. and Mrs. Robert J. Harman. Damask International and
Jonathan Iseson constituted the record and beneficial owners of forty percent
(40%), or 67 ordinary shares, of the issued and outstanding shares of the
capital stock of Nordic Racing Limited, a British corporation ("Nordic").
Pursuant to the terms of the Exchange Agreement, the Registrant sold and issued
an aggregate of 1,000,000 shares of its common stock, 700,000 shares to Damask
International, 150,000 shares to Jonathan Iseson, 100,000 shares to R. Todd
Stabler, and 50,000 shares to Dr. and Mrs. Robert J. Harman.

On October 11, 2002, the Company entered into a stock sale agreement to sell its
share in Nordic Racing Ltd. The agreement called for the Company to sell its 40%
interest in Nordic for $70,000. The sale was completed on October 29, 2002.

The Company's plan of business is to generate revenues and earnings by acquiring
existing, profitable, well-managed, corporations compatible with or with
synergies to the Company's current business activities. However, to manage
existing corporate overhead, the Company will continue to rely on cash advances
from shareholders, as well as to seek additional debt or equity financing. The
Company will also attempt to reduce its operating expenses. There can be no
assurance that any such additional financing will be available on terms, in
amounts, or at timing acceptable to the Company, if available at all.

                                       6
<PAGE>

Summary of Significant Accounting Principles
--------------------------------------------

a.   Accounting estimates

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

b.   Basic earnings per share

Basic earnings (loss) per share have been calculated in conformity with
Financial Accounting Standards Board Statement No. 128 "Earnings Per Share". The
Company has a simple capital structure with no significant potential common
shares. Basic earnings (loss) per share are calculated weighted on the average
number of common shares outstanding each period.

c.   Office furniture and equipment

Office furniture and equipment purchases were capitalized and the cost
depreciated over the estimated useful lives of the related assets, generally
five to seven years. Office furniture and equipments abandoned is written off at
the time of the abandonment. No office furniture and equipment were acquired or
in existence through June 30, 2003.

d.   License agreement

The license agreement with Reach Technologies, Inc. was previously capitalized
and amortized over the estimate useful life of the asset-three years and seven
months, commencing June 3, 1999. The license agreement was renegotiated in 2001.
However, under the renegotiated Non-Exclusive License Agreement, 47,500,000
shares of the 50,000,000 shares of the Company's common stock issued to Glenn
Jones in exchange for the original Exclusive License Agreement were returned to
the Company and canceled. Thus, the un-depreciated value of the now
non-exclusive license agreement was reduced from $10,000 to $500.

e.   Issuance of common stock

The issuance of common stock for other than cash is recorded by the Company at
management's estimate of the fair value of the assets acquired or services
rendered.

f.   Revenue

Revenue is recognized when product is shipped to the customer.

g.   Income taxes

No taxes are payable for the six months ended June 30, 2003.

                                       7
<PAGE>

h.   Intangible Assets

A summary of the treatment of intangible assets of the corporation is summarized
as follows:

                                            June 30, 2003
                      ---------------------------------------------------------
                      Gross Intangible       Accumulated         Net Intangible
                           Assets            Amortization            Assets
                      ----------------       ------------        --------------
Goodwill                       $0                  $0                  $0
Other intangibles             500                 500                   0
Total                        $500                $500                  $0

The Company currently does not have goodwill as a component of its intangible
assets.

i.   Impact of Accounting Standards

In August 2001, the FASB issued SFAS No. 143, "Accounting for Asset Retirement
Obligations." SFAS 143 establishes accounting standards for recognition and
measurement of a liability for the costs of asset retirement obligations. Under
SFAS 143, the costs of retiring an asset will be recorded as a liability when
the retirement obligation arises, and will be amortized to expense over the life
of the asset. The Company does not expect any effect on its financial position
or results of operations from the adoption of this statement. In October 2001,
the FASB issued SFAS No. 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets." SFAS 144 addresses financial accounting and reporting for
the impairment or disposal of long-lived assets and discontinued operations. The
Company does not expect any effect on its financial position or results of
operations from the adoption of this statement.

On April 30, 2002 the FASB issued Statement No. 145, Rescission of FASB
Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and Technical
Corrections. The Statement updates, clarifies and simplifies existing accounting
pronouncements. Statement 145 rescinds Statement 4, which required all gains and
losses from extinguishment of debt to be aggregated and, if material, classified
as an extraordinary item, net of related income tax effect. As a result, the
criteria in Opinion 30 will now be used to classify those gains and losses.
Statement 64 amended Statement 4, and is no longer necessary because Statement 4
has been rescinded. The Company does not expect any effect on its financial
position or results of operations from the adoption of this statement.

In June of 2002, the FASB issued SFAS 146, "Accounting for Costs Associated with
Exit or Disposal Activities," which nullifies EITF Issue 94-3. SFAS 146 is
effective for exit and disposal activities that are initiated after December 31,
2002 and requires that a liability for a cost associated with an exit or
disposal activity be recognized when the liability is incurred, in contrast to
the date of an entity's commitment to an exit plan, as required by EITF Issue
94-3. The Company will adopt the provisions of SFAS 146 effective January 1,
2003. The Company does not expect any effect on its financial position or
results of operations from the adoption of this statement.

                                       8
<PAGE>

In December 2002, the FASB issued Statement of Financial Accounting Standards
("SFAS") No. 148, "Accounting for Stock-Based Compensation, Transition and
Disclosure." SFAS No. 148 provides alternative methods of transition for a
voluntary change to the fair value based method of accounting for stock-based
employee compensation. SFAS No. 148 also requires that disclosures of the pro
forma effect of using the fair value method of accounting for stock-based
employee compensation be displayed more prominently and in a tabular format.
Additionally, SFAS No. 148 requires disclosure of the pro forma effect in
interim financial statements. The transition and annual disclosure requirements
of SFAS No. 148 are effective for fiscal years ending after December 15, 2002.
The interim disclosure requirements are effective for interim periods beginning
after December 15, 2002. The Company does not expect that the adoption of SFAS
148 will have a material effect on its financial position or results of
operations.

In April 2003, the FASB issued SFAS 149, Amendment of Statement 133 on
Derivative Instruments and Hedging Activities. This statement amends SFAS 133 to
provide clarification on the financial accounting and reporting of derivative
instruments and hedging activities and requires contracts with similar
characteristics to be accounted for on a comparable basis. The Company is in the
process of assessing the effect of SFAS 149 and does not expect the adoption of
it, which will be effective for contracts entered into or modified after June
30, 2003, to have a material effect on its financial condition or results of
operations.

In May 2003, the FASB issued SFAS 150, Accounting for Certain Financial
Instruments with Characteristics of both Liabilities and Equity. SFAS 150
establishes standards on the classification and measurement of financial
instruments with characteristics of both liabilities and equity. SFAS 150 will
become effective for financial instruments entered into or modified after May
31, 2003. The Company is in the process of assessing the effect of SFAS 150 and
does not expect the implementation of the pronouncement to have a material
effect on its financial condition or results of operations.

NOTE B - LICENSE AGREEMENT
--------------------------

On June 3, 1999, the Company acquired from Reach Technologies, Inc. ("Reach")
the rights to distribute the Reach Technologies, Inc. Digital Data Recorder
product line. Under the license with Reach, the Company had the exclusive right
to distribute and market Reach's product line to the northeastern United States.
To retain the license, the Company was required to purchase a minimum amount of
product.

Unable to meet the minimum purchase requirement, on January 14, 2001, the
Company amended the license agreement as it pertained to minimum purchase
requirements. In exchange for a $5,000 promissory note, Reach agreed not to
terminate the license agreement.

On March 9, 2001, the parties again amended the license agreement to provide
that it would no longer be exclusive and the Company would no longer be
obligated to the product purchase requirements. In connection with this
amendment, Glenn Jones returned 47,500,000 shares of the Company's common stock
to the Company's treasury for cancellation.

The Company currently has no plans to revive their relationship with Reach
Technologies or distribute their products.

                                       9
<PAGE>

NOTE C - NET OPERATING LOSS CARRY FORWARD
-----------------------------------------

The Company's net operating loss for the six months ended June 30, 2003 and year
ended December 31, 2002 of $27,641 and $10,534 may be utilized through the year
ended December 31, 2022. The Company's net operating loss of $181,335 for the
year ended December 31, 2001 may be utilized through the year ended December 31,
2021. The Company's net operating loss for the year ended December 31, 2000 of
$88,027 may be utilized through the year ended December 31, 2020. The Company's
net operating loss for the seven months ended December 31, 1999 of $18,936 may
be utilized through the year ended December 31, 2019. SFAS No. 109 requires a
valuation allowance to be recorded when it is more likely than not that some or
all of the deferred tax assets will not be realized. At June 30, 2003 a
valuation allowance for the full amount of the net deferred tax asset was
recorded because of uncertainties as to the amount of taxable income that would
be generated in future years. The valuation allowance increased by $11,300 for
the six months ended June 30, 2003.

NOTE D - MANAGEMENT'S PLANS
---------------------------

The Company's plan of business is to generate revenues and earnings by acquiring
existing, profitable, well-managed, corporations compatible with or with
synergies to the Company's current business activities. However, to manage
existing corporate overhead, the Company will continue to rely on cash advances
from shareholders, as well as to seek additional debt or equity financing. The
Company will also attempt to reduce its operating expenses. There can be no
assurance that any such additional financing will be available on terms, in
amounts, or at timing acceptable to the Company, if available at all. The
ability to achieve these objectives raises substantial doubt about the Company's
ability to continue as a going concern.

NOTE E - RELATED PARTY TRANSACTION
----------------------------------

During the year ended December 31, 2001, the Company borrowed $30,780 from
Harrysen Mittler, Chief Executive Officer of the Company to fund current
operating activities. The note bore interest at 10 percent per annum, payable
upon demand. Accrued interest in the amount $556 was payable at December 31,
2001.

During the year ended December 31, 2002, the Company borrowed an additional
$4,083 from Harrysen Mittler, ex-Chief Executive Officer of the Company to fund
current operating activities. The note bore interest at 10 percent per annum,
payable upon demand. Accrued interest in the amount of $0 was payable at
December 31, 2002. In December 2002, the loan was forgiven and a gain was
recognized for $38,864, including the loan of $34,863 and accrued interest of
$4,001.

In April 2002, the company entered into an agreement with Andrada inc., dba
Corvus Business Development Services ("Corvus"), a private consulting
corporation owned by Gregory J. Martin, interim Chief Executive Officer and
Corporate Secretary, to provide management functions. The Company incurred
certain legal and professional fees in connection with the Corvus agreement.
These related expenses paid to Corvus amounted to $46,367 of which $14,100 was
payable at June 30, 2003.

                                       10
<PAGE>

NOTE F - NORDIC RACING LIMITED INVESTMENT
-----------------------------------------

On March 9, 2001, the Company issued 1,000,000 shares of common stock in
exchange for the purchase of forty percent (40%) of Nordic Racing Limited. At
the time of the acquisition, there was no independent appraisal or valuation of
Nordic Racing Limited. The purchase price was based on valuing the Company's
stock at $.09 per share which represented the lower range of stock trades for
Grand Prix Sports, Inc. stock during the twelve months after the acquisition.

The investment with Nordic Racing Limited had been reported using the Equity
Method of Accounting. On October 11, 2002, the Company entered into a stock sale
agreement to sell its share in Nordic Racing Ltd. The agreement called for the
Company to sell its 40% interest in Nordic for $70,000. The sale was completed
on October 29, 2002.


                      Management's Discussion and Analysis

This Quarterly Report on Form 10-QSB contains forward-looking statements, which
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements involve risks
and uncertainties that could cause actual results to differ materially from the
forward-looking statements. You should not place undue reliance on
forward-looking statements. In some cases, you can identify forward-looking
statements by terminology such as "may", "will", "should", "expects", "plans",
"anticipates", "believes", "estimated", "predicts", "potential", or "continue"
or the negative of such terms or other comparable terminology. These statements
are only predictions and involve known and unknown risks, uncertainties, and
other factors, that may cause the Company's actual results, levels of activity,
performance, or achievements to be materially different from any future results,
levels of activity, performance, or achievements expressed or implied by such
forward-looking statements. These factors include, among other things, those
discussed in this Quarterly Report on Form 10-QSB and in the Company's other
filings with the SEC. Although the Company believes that the expectations
reflected in the forward-looking statements are reasonable, forward-looking
statements are inherently uncertain, and the Company cannot guarantee future
results, levels of activity, performance, or achievements. The Company is under
no duty to update any of the forward-looking statements in this Quarterly Report
on Form 10-QSB to conform forward-looking statement to actual results. All
forward-looking statements should be considered in light of these risks and
uncertainties.

During the first half ending June 30, 2003, and consistent with the Company's
plan of operation, management evaluated potential acquisitions of profitable,
well-managed, corporations compatible with or with synergies to the Company's
current business activities. To manage existing corporate overhead, the Company
will continue to rely on cash advances from shareholders, as well as to seek
additional debt or equity financing.

In February of 2003 Todd M. Pitcher was appointed to the position of Chairman,
President, CEO and CFO. In addition, as of January 1, 2003 Gregg Martin is no
longer the Company's Secretary, his replacement, Hugh Renfro joined effective
the same date and is serving as Secretary as of this date.

                                       11
<PAGE>

In March of 2003, the Company commenced a limited private placement in an
attempt to raise equity capital. As of the end of the quarter ended June 30,
2003, the Company has received $25,000 in exchange for the issuance of 2,500,000
restricted shares of common stock.

Critical Accounting Policies:

Application of our accounting policies requires management to make judgments and
estimates about the amounts reflected in the financial statements. Management
uses historical experience and all available information to make these estimates
and judgments, although differing amounts could be reported if there are changes
in the assumptions and estimates. Estimates are used for, but not limited to,
the accounting for the allowance for doubtful accounts, inventory allowances,
restructuring costs, impairment costs, depreciation and amortization, sales
discounts and returns, warranty costs, taxes and contingencies. Management has
identified the following accounting policies as critical to an understanding of
our financial statements and/or as areas most dependent on management's judgment
and estimates.

     Revenue Recognition--We generally recognize revenue when persuasive
evidence of an arrangement exists, delivery has occurred, the price is fixed or
readily determinable, and collection is probable. Sales are recorded net of
sales returns and discounts. We recognize revenue in accordance with Staff
Accounting Bulletin No. 101, "Revenue Recognition in Financial Statements."

     Deferred Tax Asset Valuation Allowance--We record a deferred tax asset in
jurisdictions where we generate a loss for income tax purposes. Due to
volatility in the industry within which we operate, we may record a valuation
allowance against these deferred tax assets in accordance with SFAS 109,
"Accounting for Income Taxes," when, in management's judgment, the deferred tax
assets may not be realized in the foreseeable future.

Recent Accounting Pronouncements

The FASB recently issued the following statements:

SFAS 144 - Accounting for the impairment or disposal of long-lived assets

SFAS 145 - Rescission of FASB statements 4, 44 and 64 and amendment of FASB
Statement13

SFAS 146 - Accounting for costs associated with exit or disposal activities

SFAS 147 - Acquisitions of certain financial institutions

SFAS 148 - Accounting for stock based compensation

SFAS 149 - Amendment of Statement 133 on Derivative Instruments and Hedging
Activities

SFAS 150 - Accounting for Certain Financial Instruments with Characteristics of
both Liabilities and Equity

                                       12
<PAGE>

These SFAS statements did not have a material impact on the Company's financial
position and results of operations. For a more detailed description of recent
accounting pronouncements see the Summary of Significant Accounting Principles,
Item i. Impact of Accounting Standards.


Results of Operations:

Sales

The Company has not generated any revenues from operations during the six months
ended June 30, 2003 or 2002.

Losses

Net losses for the six months ended June 30, 2003, decreased to $27,641 from
$56,966 for the six months ended June 30, 2002. The primary reduction in losses
was attributable to decreased costs associated with professional services.

The Company expects to continue to incur losses at least through the end of its
current fiscal year. There can be no assurance that the Company will achieve or
maintain profitability, generate revenue or sustain future growth.

Liquidity and Capital Resources

The Company has funded its cash needs with cash on hand and cash advances from
shareholders and officers. The Company is actively seeking additional equity
capital through private placements.

In March of 2003, the Company received $5,000 in exchange for the issuance of
500,000 shares of restricted common stock and a vendor refund of $1,730. During
the three months ended June 30, 2003, the Company received an additional $20,000
in exchange for the issuance of 2,000,000 shares of restricted common stock.
Despite the Company's best efforts, there can be no assurance that any
additional financings, or shareholder and officer advances, will be available on
terms, in amounts, or at a time acceptable to the Company, if they are available
at all, and, if so available, whether such funds will be sufficient to satisfy
the Company's cash requirements over the next twelve months.

Capital Expenditures

The Company made no capital expenditures during the first six months of its
fiscal year.

Subsequent Events

None.

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<PAGE>


ITEM 3. CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures. The Company's Chief
Executive Officer and Chief Financial Officer, after evaluating the
effectiveness of the Company's disclosure controls and procedures (as defined in
Rules 13a-14(c) and 15d-14(c) under the Securities Exchange Act of 1934, as
amended (the "Exchange Act")) as of a date within 90 days of the filing of this
quarterly report (the "Evaluation Date"), have concluded that, as of the
Evaluation Date, the Company's disclosure controls and procedures were effective
to ensure the timely collection, evaluation and disclosure of information
relating to the Company that would potentially be subject to disclosure under
the Exchange Act and the rules and regulations promulgated thereunder.

(b) Changes in Internal Controls. There were no significant changes in the
Company's internal controls or in other factors that could significantly affect
the internal controls subsequent to the Evaluation Date.



                                     Part II


ITEM 4. Exhibits And Reports On Form 10-QSB June 30

(A)  Exhibits

     99.1     Interim CEO and CFO Certification Pursuant to Section 302 of
              the Sarbanes-Oxley Act of 2002

(B)  Reports On Form 10-QSB 6-30. None

     None



Item 4. 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.

                                               Grand Prix Sports, Inc.
                                               /s/ Todd M. Pitcher
                                               ---------------------------
                                               Name: Todd M. Pitcher
                                               Title: CEO

                                               /s/ Hugh Renfro
                                               ---------------------------
                                               Name:  Hugh Renfro
                                               Title: Secretary



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