INTERACTIVE MOTORSPORTS INC
8-K, 2000-07-07
GOLD AND SILVER ORES
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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549



                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                                     OF THE
                         SECURITIES EXCHANGE ACT OF 1934


         Date of Report (Date of earliest event reported): May 5, 2000


                          INTERACTIVE MOTORSPORTS, INC.
                 (FORMERLY KNOWN AS PRECIOUS METAL MINES, INC.)
                ------------------------------------------------
               (Exact name of registrant as specified in charter)



           Nevada                     18437-LA                 88-0230400
----------------------------         -----------             --------------
(State or other jurisdiction         (Commission             (IRS employer
    of incorporation)                file number)          identification no.)



              15th Floor, 640 5th Ave., New York City, NY  10019
            --------------------------------------------------------
               (Address of principal executive office) (Zip Code)


       Registrant's telephone number, including area code: (702) 947-4877


                           PRECIOUS METAL MINES, INC.
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)





                                     - 1 -


<PAGE>


Item 5.   Corporate Event

     On May 5, 2000, pursuant to unanimous  resolution of the Board of Directors
and written consent of  stockholders  holding a majority of the voting shares of
Precious Metal Mines, Inc., the company filed with the Secretary of State of the
state of Nevada a  "Certificate  of Amendment of Articles of  Incorporation"  by
which the name of the corporation was changed to "Interactive Motorsports, Inc."


                                     - 2 -


<PAGE>



     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                             Interactive Motorsports, Inc.


                                             /s/ Francis J. Joslin
                                             ------------------------------
                                             Francis J. Joslin, President

June 29, 2000




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