U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 OMB APPROVAL
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OMB NUMBER: 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ...... 0.5
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
Golden Cycle, LLC
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(Last) (First) (Middle)
4025 Crooked Hill Road
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(Street)
Harrisburg PA 17110
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
3/19/98
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3. IRS Number of Reporting Person (Voluntary)
23-294-3669
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4. Issuer Name and Ticker or Trading Symbol
Global Motorsport Group, Inc. (CSTM)
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5. Relationship of Reporting Person to Issuer:
(Check all applicable)
Director X 10% Owner
----- ------
Officer (give Other (Specify
----- title below) ------ below)
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6. If Amendment, Date of Original (Month/Day/Year)
03/27/98
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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Table 1 -- Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form:
(Instr. 4) Beneficially Owned Direct (D) or
(Instr. 4) Indirect (I)
(Instr. 5)
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Common Stock 528,100 D
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4. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
SEC 1473 (8-92)
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities
Security cisable and Underlying Derivative Security
Expiration (Instr. 4)
Date
(Month Day
Year)
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Date Expira- Amount
Exer- tion or
cisable Date Title Number
of
Shares
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- - ----------------------- -------- -------- --------------------------------
- - ----------------------- -------- -------- --------------------------------
- - ----------------------- -------- -------- --------------------------------
4. Conversion 5. Ownership 6. Nature of
or Exercise Form of Indirect
Price of Derivative Beneficial
Derivative Security: Ownership
Security Direct (D)or (Instr. 5)
Indirect (I)
(Instr. 5)
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Explanation of Responses:
ROGER GRASS, Vice-President 4/1/98
_______________________________ ______________
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient,
See Instruction 6 for procedure.
