----

----

| x | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|---------------------------------------------------------------------------------------------------|

| o | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|---|----------------------------------------------------------------------------------------------------|

| Delaware                                                                |   | 333-150424                 |   |                                   |
|-------------------------------------------------------------------------|--------|----------------------------|--------|----------------------------------------|
| (State      or other jurisdiction ofincorporation      or organization) |   | (Commission      File No.) |   | (IRS      Employee Identification No.) |

----

| Item      1.  | Financial      Statements                                              |
|---------------|------------------------------------------------------------------------|
| Item      2.  | Management’s      Discussion and Analysis of Financial Condition |
| Item      3.  | Quantitative      and Qualitative Disclosures About Market Risk        |
| Item      4T. | Control      and Procedures                                            |

|  Item      1  | Legal      Proceedings                                           |
|--------------------|------------------------------------------------------------------|
|  Item      1A | Risk      Factors                                                |
|  Item      2. | Unregistered      Sales of Equity Securities and Use of Proceeds |
|  Item      3. | Defaults      Upon Senior Securities                             |
|  Item      4. | Submission      of Matters to a Vote of Security Holders         |
|  Item      5. | Other      Information                                           |
|  Item      6. | Exhibits      and Reports on Form 8-K                            |

----

| FINANCIAL      STATEMENTS                                                                                                                                                                                                                                                   | Page      # |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
|                                                                                                                                                                                                                                                                        |        |
| Balance      Sheets as of September 30, 2008 (Unaudited) and December 31,      2007                                                                                                                                                                                         | F-1         |
|                                                                                                                                                                                                                                                                        |        |
| Statements      of Operations for the Three Months Ended September 30, 2008, the Period      from  July 19, 2007 (Inception) through September 30, 2007 and      the Period from  July 19, 2007 (Inception) through September 30,      2008 (Unaudited) | F-2         |
|                                                                                                                                                                                                                                                                        |        |
| Statements      of Operations for the Nine Months Ended September 30, 2008, the Period      from  July 19, 2007 (Inception) through September 30, 2007 and      the Period from  July 19, 2007 (Inception) through September 30,      2008 (Unaudited)  | F-3         |
|                                                                                                                                                                                                                                                                        |        |
| Statement      of Stockholders Equity (Deficit) from  July 19, 2007 (Inception)      through September 30, 2008 (Unaudited)                                                                                                                                       | F-4         |
|                                                                                                                                                                                                                                                                        |        |
| Statements      of cash flows for the Nine Months Ended September 30, 2008, the Period      from  July 19, 2007 (Inception) through September 30, 2007 and      the Period from  July 19, 2007 (Inception) through September 30,      2008 (Unaudited)  | F-5         |
|                                                                                                                                                                                                                                                                        |        |
| Notes      to the Financial Statements (Unaudited)                                                                                                                                                                                                                          | F-6         |

----

| FormulaWon,      Inc.                                                                                     |   |
|-----------------------------------------------------------------------------------------------------------|--------|
| (a      development stage company)                                                                        |   |
| BALANCE      SHEETS                                                                                       |   |
|                                                                                                      |   |
|                                                                                                      |   |
| ASSETS                                                                                                    |   |
|                                                                                                      |   | SEPTEMBER      30, |   |   | DECEMBER      31, |   |
|                                                                                                      |   | 2008 |   |   | 2007 |   |
|                                                                                                      |   | (Unaudited) |   |   |   |   |
| CURRENT      ASSETS                                                                                       |   |
|                                                                                                      |   |   |   |   |   |   |
|  Cash                                                                                                |   | $ | 49,108 |   |   | $ | 100 |   |
|  Prepaid      Expenses                                                                               |   |   | 8,734 |   |   |   | - |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
|        Total      Current Assets                                       |   |   | 57,842 |   |   |   | 100 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
|        TOTAL      ASSETS                                               |   | $ | 57,842 |   |   | $ | 100 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
| LIABILITIES AND      STOCKHOLDERS' EQUITY (DEFICIT)                                                       |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
| CURRENT      LIABILITIES                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
|  Accrued      Expenses                                                                               |   | $ | 8,275 |   |   | $ | 6,000 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
|  Total Current      Liabilities                                                                      |   |   | 8,275 |   |   |   | 6,000 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
|        TOTAL      LIABILITIES                                          |   |   | 8,275 |   |   |   | 6,000 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
| STOCKHOLDERS' EQUITY      (DEFICIT)                                                                       |   |   |   |   |   |   |   |   |
|                                                                                                      |   |   |   |   |   |   |   |   |
|  Preferred stock - at $0.001      par value; 10,000,000 shares authorized                            |   |   |   |   |   |   |   |   |
|    none issues and      outstanding                                                        |   |   | - |   |   |   | - |   |
|  Common stock -      at  $0.001 par value; 500,000,000 shares      authorized              |   |   |   |   |   |   |   |   |
|    10,686,759 and      6,000,000 issued and outstanding, respectively                      |   |   | 10,687 |   |   |   | 6,000 |   |
|  Additional paid-in      capital                                                                     |   |   | 69,526 |   |   |   | (3,900 | ) |
|  Deficit accumulated during      the development stage                                               |   |   | (30,646 | ) |   |   | (8,000 | ) |
|                                                                                                      |   |   |   |   |   |   |   |   |
|        Total      Stockholders' Equity (Deficit)                       |   |   | 49,567 |   |   |   | (5,900 | ) |
|                                                                                                      |   |   |   |   |   |   |   |   |
|        TOTAL      LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) |   | $ | 57,842 |   |   | $ | 100 |   |

----

| FormulaWon,      Inc.              |   |
|------------------------------------|--------|
| (a      development stage company) |   |
| STATEMENTS      OF OPERATIONS      |   |
| (Unaudited)                        |   |

|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |
|-------------------------------------------------------------------------|--------|------------------------------------------------|------------|--------|----------------------------------------------------------------------------------------|--------|-----------|----------------------------------------------------------------------------------------------|--------|
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |
|                                                                    |   |        ThreeMonthsEndedSeptember      30, |       |   |        The      Period fromJuly      19, 2007(Inception)throughSeptember      30, |   |      |        The      Period fromJuly      19, 2007(Inception)through      September      30, |   |
|                                                                    |   | 2008                                           |       |   | 2007                                                                                   |   |      | 2008                                                                                         |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |
| Revenue                                                                 |   | $                                              | 6,700      |   |                                                                                   | $      | -         |                                                                                         |   | $ | 6,700 |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Cost      of Services                                                   |   |                                           | 16,266     |   |                                                                                   |   | -         |                                                                                         |   |   | 16,266 |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Gross      Profit (Loss)                                                |   |                                           | (9,566)    |   |                                                                                   |   |      |                                                                                         |   |   | (9,566) |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Operating      expenses                                                 |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
|  Compensation                                                      |   |                                           | 1,500      |   |                                                                                   |   | -         |                                                                                         |   |   | 3,000  |   |
| Professional      fees                                                  |   |                                           | 1,425      |   |                                                                                   |   | -         |                                                                                         |   |   | 14,738 |   |
| General      and administrative                                         |   |                                           | -          |   |                                                                                   |   | 2,000     |                                                                                         |   |   | 3,342 |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Total      operating expenses                                           |   |                                           | 2,925      |   |                                                                                   |   | 2,000     |                                                                                         |   |   | 21,080 | ) |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Loss      before income taxes                                           |   |                                           | (12,491    | )      |                                                                                   |   | (2,000    | )                                                                                            |   |   | (30,646 | ) |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Income      tax provision                                               |   |                                           | -          |   |                                                                                   |   | -         |                                                                                         |   |   | - |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Net      loss                                                           |   | $                                              | (12,491    | )      |                                                                                   | $      | (2,000    | )                                                                                            |   | $ | (30,646 | ) |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Net      loss per common share – basic and diluted                |   | $                                              | (0.00      | )      |                                                                                   | $      | (0.00     | )                                                                                            |   | $ | (0.00 | ) |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
|                                                                    |   |                                           |       |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Weighted      average number of common shares – basic and diluted |   |                                           | 10,686,759 |   |                                                                                   |   | 5,589,042 |                                                                                         |   |   | 8,183,997 |   |

----

| FormulaWon,      Inc.              |   |   |
|------------------------------------|--------|--------|
| (a      development stage company) |   |   |
| STATEMENTS      OF OPERATIONS      |   |   |
| (Unaudited)                        |   |   |

|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |
|-------------------------------------------------------------------------|--------|-----------------------------------------------|-----------|--------|----------------------------------------------------------------------------------------|--------|-----------|----------------------------------------------------------------------------------------------|--------|
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |
|                                                                    |   |        NineMonthsEndedSeptember      30, |      |   |        The      Period fromJuly      19, 2007(Inception)throughSeptember      30, |   |      |        The      Period fromJuly      19, 2007(Inception)through      September      30, |   |
|                                                                    |   | 2008                                          |      |   | 2007                                                                                   |   |      | 2008                                                                                         |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |
| Revenue                                                                 |   | $                                             | 6,700     |   |                                                                                   | $      | -         |                                                                                         |   | $ | 6,700 |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Cost      of Services                                                   |   |                                          | 16,266    |   |                                                                                   |   | -         |                                                                                         |   |   | 16,266 |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Gross      Profit (Loss)                                                |   |                                          | (9,566)   |   |                                                                                   |   |      |                                                                                         |   |   | (9,566) |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Operating      expenses                                                 |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
|  Compensation                                                      |   |                                          | 3,000     |   |                                                                                   |   | -         |                                                                                         |   |   | 3,000  |   |
| Professional      fees                                                  |   |                                          | 8,738     |   |                                                                                   |   | -         |                                                                                         |   |   | 14,738 |   |
| General      and administrative                                         |   |                                          | 1,342     |   |                                                                                   |   | 2,000     |                                                                                         |   |   | 3,342 |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Total      operating expenses                                           |   |                                          | 13,080    |   |                                                                                   |   | 2,000     |                                                                                         |   |   | 21,080 |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Loss      before income taxes                                           |   |                                          | (22,646   | )      |                                                                                   |   | (2,000    | )                                                                                            |   |   | (30,646 | ) |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Income      tax provision                                               |   |                                          | -         |   |                                                                                   |   | -         |                                                                                         |   |   | - |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Net      loss                                                           |   | $                                             | (22,646   | )      |                                                                                   | $      | (2,000    | )                                                                                            |   | $ | (30,646 | ) |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Net      loss per common share – basic and diluted                |   | $                                             | (0.00     | )      |                                                                                   | $      | (0.00     | )                                                                                            |   | $ | (0.00 | ) |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
|                                                                    |   |                                          |      |   |                                                                                   |   |      |                                                                                         |   |   |   |   |
| Weighted      average number of common shares – basic and diluted |   |                                          | 9,608,664 |   |                                                                                   |   | 5,589,042 |                                                                                         |   |   | 8,183,997 |   |

----

| FormulaWon,      Inc.                                                                               |   |
|-----------------------------------------------------------------------------------------------------|--------|
| (a      development stage company)                                                                  |   |
| Statement      of Stockholders’ Equity (Deficit)                                              |   |
| For      the Period from July 19, 2007 (inception) through September 30,      2008                  |   |
| (Unaudited)                                                                                         |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   | Deficit |   |   |   |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   | Accumulated |   |   | Total |   |
|                                                                                                |   |   |   |   |   |   |   | Additional |   |   | During      the |   |   | Stockholders’ |   |
|                                                                                                |   | Common |   |   |   |   |   | Paid-in |   |   | Development |   |   | Equity |   |
|                                                                                                |   | Shares |   |   | Amount |   |   | Capital |   |   | Stage |   |   | (Deficit) |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  July      19, 2007 (Inception)                                                                |   |   | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares      issued for corporate expenses at $.001 par value on July 24,      2007                  |   |   | 6,000,000 |   |   |   | 6,000 |   |   |   | (4,000) |   |   |   |   |   |   |   | 2,000 |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Contribution      to capital                                                                        |   |   |   |   |   |   |   |   |   |   | 100 |   |   |   |   |   |   |   | 100 |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (8,000 | ) |   |   | (8,000 | ) |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      December 31, 2007                                                                     |   |   | 6,000,000 |   |   |   | 6,000 |   |   |   | (3,900) |   |   |   | (8,000 | ) |   |   | (5,900 | ) |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares      issued for cash from February 12, 2008 through March 31, 2008 at $0.0167      per share |   |   | 4,627,710  |   |   |   | 4,628  |   |   |   | 72,501  |   |   |   |   |   |   |   | 77,129  |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shares      issued for cash from April 3, 2008 through April 6, 2008 at $0.0167 per      share      |   |   | 59,049 |   |   |   | 59 |   |   |   | 925 |   |   |   |   |   |   |   | 984 |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      loss                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (22,646 | ) |   |   | (22,646 | ) |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance,      September 30, 2008                                                                    |   |   | 10,686,759 |   |   |  $ | 10,687 |   |   |  $ | 69,526 |   |   |  $ | (30,646 | ) |   |  $ | 49,567 |   |
|                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                                                  |   | Nine      Months Ended September 30, 2008 |    |   | Period      From July 19, 2007 (inception) through September 30, 2007 |   |   | Period      From July 19, 2007 (inception) through September 30, 2008 |   |
|---------------------------------------------------------------------------------------|--------|-------------------------------------------|---------|--------|-----------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------------|--------|
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                            |   |                                      |    |   |                                                                  |   |   |                                                                  |   |
| Net      loss                                                                         |   | $                                         | (22,646 | )      |                                                                  | $      | (2,000 | )                                                                     |   | $ | (30,646 | ) |
| Adjustments      to reconcile net loss to net cash used in operating      activities: |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| Prepaid      Expenses                                                                 |   |                                      | (8,734  | )      |                                                                  |   | -      |                                                                  |   |   | (8,734 | ) |
| Shares      issued for compensation                                                   |   |                                      | -       |   |                                                                  |   | 2,000  |                                                                  |   |   | 2,000 |   |
| Increase      in accrued expenses                                                     |   |                                      | 2,275   |   |                                                                  |   | -      |                                                                  |   |   | 8,275 |   |
|                                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| Net      Cash Used in Operating Activities                                            |   |                                      | (29,105 | )      |                                                                  |   | -      |                                                                  |   |   | (29,105 | ) |
|                                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES:                                            |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| Sale      of common stock                                                             |   |                                      | 78,113  |   |                                                                  |   | -      |                                                                  |   |   | 78,113 |   |
| Capital      contribution                                                             |   |                                      | -       |   |                                                                  |   | -      |                                                                  |   |   | 100 |   |
| Net      Cash Provided By Financing Activities                                        |   |                                      | 77,113  |   |                                                                  |   | -      |                                                                  |   |   | 77,213 |   |
|                                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| NET      INCREASE IN CASH                                                             |   |                                      | 49,008  |   |                                                                  |   | -      |                                                                  |   |   | 49,108 |   |
|                                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| CASH      AT BEGINNING OF PERIOD                                                      |   |                                      | 100     |   |                                                                  |   | -      |                                                                  |   |   | - |   |
| CASH      AT END OF PERIOD                                                            |   | $                                         | 49,108  |   |                                                                  | $      | -      |                                                                  |   | $ | 49,108 |   |
|                                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| Non-cash      items:                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |
| Issuance      of common stock for stock subscription receivable                       |   | $                                         | 6,392   |   |                                                                  | $      | -      |                                                                  |   | $ | 6,392 |   |
|                                                                                  |   |                                      |    |   |                                                                  |   |   |                                                                  |   |   |   |   |

----

| NOTE      – 1 | NATURE      OF OPERATIONS |
|---------------------|---------------------------|

| NOTE      – 2 | SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES |
|---------------------|-------------------------------------------------|

----

| · | of      management’s responsibility for establishing and maintaining adequate      internal control over its financialreporting; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------|

| · | of      management’s assessment of the effectiveness of its internal control over      financial reporting as of year end;and |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | of      the framework used by management to evaluate the effectiveness of the      Company’s internal control over financial  reporting. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

----

| NOTE      – 3 | GOING      CONCERN |
|---------------------|--------------------|

| NOTE      – 4 | STOCKHOLDERS’      EQUITY |
|---------------------|---------------------------------|

| NOTE      – 5 | COMMITMENTS      AND CONTINGENCIES |
|---------------------|------------------------------------|

----

----

|   | of      management’s responsibility for establishing and maintaining adequate      internal control over its financialreporting; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------|

|   | of      management’s assessment of the effectiveness of its internal control over      financial reporting as of year end;and |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

|   | of      the framework used by management to evaluate the effectiveness of the      Company’s internal control over financial  reporting. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

|                               | FORMULAWON,      INC. |
|------------------------------------|-----------------------|
|                               |                  |
| Date:      November 10, 2008  | By:                   | /s/ Fitra Iriani |
|                               |                  | Fitra      Iriani |
|                               |                  | Chairman      of the Board of Directors,Chief      Executive Officer, Chief      Financial Officer,Controller,      Principal Accounting Officer |