<PAGE> PAGE 1
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000 C000000 0001048749
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001 A000000 THE GRAND PRIX FUNDS, INC.
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008 D03AA01 06897
010 A00AA01 SUNSTONE FINANCIAL GROUP, INC.
010 B00AA01 84-5792
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53202
011 A00AA01 AMERIPRIME FINANCIAL SECURITIES, INC.
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012 A00AA01 SUNSTONE FINANCIAL GROUP, INC.
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012 B00AA01 84-5792
012 C01AA01 MILWAUKEE
012 C02AA01 WI
012 C03AA01 53202
013 A00AA01 ERNST & YOUNG LLP
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015 A00AA01 FIFTH THIRD BANK
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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SIGNATURE MIKE NEUENDANK
TITLE FINANCIAL ANALYST
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001048749
<NAME> GRAND PRIX FUNDS, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 40,855,252
<INVESTMENTS-AT-VALUE> 43,918,103
<RECEIVABLES> 714,154
<ASSETS-OTHER> 80,353
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 44,712,610
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79,579
<TOTAL-LIABILITIES> 79,579
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39,003,655
<SHARES-COMMON-STOCK> 2,052,738
<SHARES-COMMON-PRIOR> 110,670
<ACCUMULATED-NII-CURRENT> (96,067)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,692,592
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,032,851
<NET-ASSETS> 44,633,031
<DIVIDEND-INCOME> 15,847
<INTEREST-INCOME> 29,881
<OTHER-INCOME> 0
<EXPENSES-NET> (141,795)
<NET-INVESTMENT-INCOME> (96,067)
<REALIZED-GAINS-CURRENT> 2,710,409
<APPREC-INCREASE-CURRENT> 2,858,076
<NET-CHANGE-FROM-OPS> 5,472,418
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 312,180
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,099,656
<NUMBER-OF-SHARES-REDEEMED> 179,358
<SHARES-REINVESTED> 21,770
<NET-CHANGE-IN-ASSETS> 43,037,623
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 294,363
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 82,635
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 237,044
<AVERAGE-NET-ASSETS> 16,846,032
<PER-SHARE-NAV-BEGIN> 14.42
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 10.00
<PER-SHARE-DIVIDEND> (2.63)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.74
<EXPENSE-RATIO> 1.70
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
Exhibit to Accompany
Item 77C
Form N-SAR
The Grand Prix Fund
(the "Fund")
Results of the Shareholder Meeting
A special meeting of shareholders of the Fund was held on
February 8, 1999.
The matters voted on by the shareholders of record as of January
15, 1999 and the results of the vote at the shareholder meeting held
on February 8, 1999 were as follows:
Proposal 1 - To eliminate the Fund's fundamental investment
restriction which did not permit the Fund to borrow money for the
purpose of making investments.
For 371,791
Against 16,353
Abstain -
Proposal 2 - To consider and act upon any other business which
may properly come before the meeting or any adjournments
thereof.
For 361,981
Against 4,943
Abstain 21,220
