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: July 23, 2003
(Date of earliest event reported):

ACTION PERFORMANCE COMPANIES, INC.

(Exact name of registrant as specified in its charter)

Commission File No.: 0-21630

Arizona	86-0704792
(State or other jurisdiction of incorporation or jurisdiction)	(IRS Employer Identification No.)
4707 E. Baseline Road
Phoenix, Arizona	85042
(Address of principal executive offices)	(Zip Code)

(602) 337-3700
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address if changed since last report)

TABLE OF CONTENTS

	Item 7. Financial Statements and Exhibits
	Item 12. Results of Operation and Financial Condition
SIGNATURES
Exhibit 99

Item 7. Financial Statements and Exhibits

(c)	Exhibits
	99 Press release of Action Performance Companies, Inc., dated July 23, 2003

Item 12. Results of Operation and Financial Condition

     On July 23, 2003, Action Performance Companies, Inc. issued a press release reporting its 2003 third quarter earnings. A copy of this press release is attached hereto as Exhibit 99 and is hereby incorporated by reference in this item 12.

SIGNATURES

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.

Date: July 23, 2003	Action Performance Companies, Inc.
	By:	/s/ R. David Martin
	Name:	R. David Martin
	Title:	Chief Financial Officer, Secretary and Treasurer

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