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): February 25, 1997
  
  
                VECTOR AEROMOTIVE CORPORATION
  
    (Exact name of Registrant as specified in its charter)
  
  
  
     Nevada                      00-17303                33-0254334            
  
  State of incorporation      Commission File Number Employer Identification No.
  
  
     975 Martin Avenue, Green Cove Springs, Florida 32043
  
  (Address of principal executive offices)                (Zip Code)
  
  
  Registrant's telephone number, including area code: (904) 529-0092
  
  
     7601 Centurion Parkway, Jacksonville, Florida 32256
  
    (Former name or former address, if changed since last report)

 <PAGE>
Item 1. Changes in Control of Registrant.
  
     On August 4, 1997, the Board of Directors of Registrant elected to fill
  vacancies the following three directors: W. R. Welty, Timothy J. Enright and
  David P. Kordek.  These directors were nominated by American Dream
  International Limited ("American Dream"), a corporation organized under the
  laws of the Bahamas, formerly known as Tradelink International Limited.  See
  Item 5 below.  American Dream is controlled by W. R. Welty.
  
     Registrant currently has outstanding 53,609,387 shares of common
  stock.  Registrant believes that V'Power Corporation owns beneficially and of
  record 37,333,333 shares of common stock of Registrant, or approximately
  70% of the shares of common stock outstanding.  V'Power Corporation has
  effectively transferred control of Registrant to American Dream in the
  transactions described below in Item 5.  If American Dream were to exercise
  its option to purchase common stock from Registrant, it would own
  60,000,000 shares of common stock of Registrant, or approximately 53% of
  the common stock then outstanding.  American Dream also has certain rights
  to purchase the common stock of Registrant owned by V'Power Corporation. 
  V'Power Corporation has agreed to vote its shares for the election of
 directors
  nominated or designated by American Dream in connection with the
  transactions described in Item 5 below.
  
  
                          APPENDIX A
                         TO FORM 8-K
  
  
                   CERTAIN STOCK OWNERSHIP
  
  
                        Title of Class
                           Name and
                          address of
                       beneficial owner
                          Amount and
  nature of beneficial
                          ownership
                       Percent of class
  
  
                         Common Stock
  American Dream
  International Limited
  1556 Lakeway Dr.
  Orange Park, FL
  32073
                        60,000,000 (1)
                           53% (1)
  
  
                         Common Stock
  V'Power
  Corporation
  Sandringham House
  82 Shirley Street
  Nassau, New
  Providence
  The Bahamas
                          37,333,333
                            owned
                             70%
  
  
  
  
  
               OWNERSHIP OF CERTAIN MANAGEMENT
  
  
                        Title of Class
                            Name of
                       beneficial owner
                          Amount and
                     nature of beneficial
                          ownership
                       Percent of class
  
  
                         Common Stock
  W. L. Welty
  
                      60,000,000 (1)(2)
          81,556
                           53% (1)
        less than 1%
  
  
  
  
  (1) Option to purchase only, percent assumes purchase
  
  (2) Shares attributable through American Dream International Limited
  
  
  Item 5. Other Events.
  
     American Dream International Limited ("American Dream"), a
  corporation organized under the laws of the Bahamas, formerly known as
  Tradelink International Limited, has entered into agreements dated July 22,
  1997, with Registrant that also involved V'Power Corporation ("V'Power"),
  Automobili Lamborghini S.p.A. ("ALSPA") and Automobili Lamborghini U.S.A.,
  Inc ("ALUSA").  The agreements are attached to this filing.  The agreements
  relate to loans by American Dream to Registrant and options provided to
  American Dream to purchase Common Stock of Registrant.  V'Power owns a
  majority of the shares of common stock of Registrant currently outstanding. 
  ALSPA makes the engine and transmission for the Vector cars and was owed
  prior to the transaction approximately $847,229.22 by Registrant,
  $423,118.22 of which was assigned to V'Power and canceled as part of the
  license of certain technology by Registrant to V'Power.  ALUSA was owed
  prior to the transaction approximately $568,577.40 by Registrant.  ALSPA
  and ALUSA are affiliates of V'Power.
  
     American Dream has entered into a Loan and Security Agreement dated
  July 22, 1997, under which American Dream  has agreed on a discretionary
  basis to make two loans to Registrant.  One loan is a line of credit in the
  amount of $1,250,000 that converts to a ten-year term loan upon full
  funding.  The second loan is a line of credit in the amount of $2,500,000
  commencing on the full funding of the first loan.  Each loan is payable on
  demand, except the first loan becomes payable in monthly installments upon
  conversion to a term loan.  The loans are secured by all of the assets of
  Registrant.  
  
     Registrant has granted American Dream an option to purchase
  60,000,000 share of Common Stock for a total purchase price of
  $1,250,000.  The option may be exercised for a period commencing July 22,
  1997, and ending thirty (30) days after the full funding of the line of
  credit in the amount of $1,250,000 described above.  American Dream also
  has been granted registration rights for the shares purchased.
  In addition, V'Power has granted to American Dream an option to purchase
  all of its shares at a price to be determined upon the market price of the
  Common Stock at the time of purchase.   
  
     In connection with these transactions, ALSPA has agreed to convert its
  indebtedness into 4,241 shares of Preferred Stock of Registrant.  Similarly,
  ALUSA has agreed to convert its indebtedness into 5,686 shares of Preferred
  Stock of Registrant.  Each share of Preferred Stock is issued for $100.  The
  Preferred Stock has certain mandatory redemption provisions calling for
  redemption payments over a 19 month period.  The dividend rate on the
  Preferred Stock is based upon the London Interbank Offered Rates.  
  
     The Board of Directors of Registrant appointed to fill vacancies three
  individuals designated by American Dream.   Those individuals were W. R. 
  Welty, Timothy J. Enright and David P.  Kordek.  American Dream and
  V'Power have agreed that V'Power will vote its shares for these or other
  nominees of American Dream until such time as American Dream declines to 
  make  any discretionary funding under the lines of credit specified above or,
  upon exercise by American Dream of its option to purchase 60,000,000
  shares, for a period of ten years.  In addition, American Dream and V'Power
  have certain limitation on their rights to sell their shares of Common Stock
  of Registrant.  Finally, Registrant has granted to V'Power a perpetual
  non-exclusive license to use certain technology of Registrant.
  The license was granted in exchange for debt cancellation and cash in the
  aggregate amount of $500,000.
  
     On August 4, 1997, Timothy J. Enright was elected Chief Operating
  Officer and Secretary of Registrant. 
  
  Item 6. Resignation of Registrant's Directors.
  
     Effective February 25, 1997, Richard J. Aprahamian resigned as a
  director of  Registrant.
  
     Effective February 25, 1997, George J. Fencl resigned as a director of
     Registrant.
  
     Effective July 23, 1997, Sudjaswin E.L. resigned as a director of
  Registrant.
  
     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:   September 10, 1997
  
  VECTOR AEROMOTIVE CORPORATION       
  
      /s/       Timothy J. Enright                      
  Timothy J. Enright
  Chief Operating Officer and Secretary
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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): February 25, 1997
  
  
                VECTOR AEROMOTIVE CORPORATION
  
    (Exact name of Registrant as specified in its charter)
  
  
  
     Nevada                      00-17303                33-0254334            
  
  State of incorporation      Commission File Number Employer Identification No.
  
  
     975 Martin Avenue, Green Cove Springs, Florida 32043
  
  (Address of principal executive offices)                (Zip Code)
  
  
  Registrant's telephone number, including area code: (904) 529-0092
  
  
     7601 Centurion Parkway, Jacksonville, Florida 32256
  
    (Former name or former address, if changed since last report)
Item 1. Changes in Control of Registrant.
  
     On August 4, 1997, the Board of Directors of Registrant elected to fill
  vacancies the following three directors: W. R. Welty, Timothy J. Enright and
  David P. Kordek.  These directors were nominated by American Dream
  International Limited ("American Dream"), a corporation organized under the
  laws of the Bahamas, formerly known as Tradelink International Limited.  See
  Item 5 below.  American Dream is controlled by W. R. Welty.
  
     Registrant currently has outstanding 53,609,387 shares of common
  stock.  Registrant believes that V'Power Corporation owns beneficially and of
  record 37,333,333 shares of common stock of Registrant, or approximately
  70% of the shares of common stock outstanding.  V'Power Corporation has
  effectively transferred control of Registrant to American Dream in the
  transactions described below in Item 5.  If American Dream were to exercise
  its option to purchase common stock from Registrant, it would own
  60,000,000 shares of common stock of Registrant, or approximately 53% of
  the common stock then outstanding.  American Dream also has certain rights
  to purchase the common stock of Registrant owned by V'Power Corporation. 
  V'Power Corporation has agreed to vote its shares for the election of
 directors
  nominated or designated by American Dream in connection with the
  transactions described in Item 5 below.
  
  
                          APPENDIX A
                         TO FORM 8-K
  
  
                   CERTAIN STOCK OWNERSHIP
  
  
                        Title of Class
                           Name and
                          address of
                       beneficial owner
                          Amount and
  nature of beneficial
                          ownership
                       Percent of class
  
  
                         Common Stock
  American Dream
  International Limited
  1556 Lakeway Dr.
  Orange Park, FL
  32073
                        60,000,000 (1)
                           53% (1)
  
  
                         Common Stock
  V'Power
  Corporation
  Sandringham House
  82 Shirley Street
  Nassau, New
  Providence
  The Bahamas
                          37,333,333
                            owned
                             70%
  
  
  
  
  
               OWNERSHIP OF CERTAIN MANAGEMENT
  
  
                        Title of Class
                            Name of
                       beneficial owner
                          Amount and
                     nature of beneficial
                          ownership
                       Percent of class
  
  
                         Common Stock
  W. L. Welty
  
                      60,000,000 (1)(2)
          81,556
                           53% (1)
        less than 1%
  
  
  
  
  (1) Option to purchase only, percent assumes purchase
  
  (2) Shares attributable through American Dream International Limited
  
  
  Item 5. Other Events.
  
     American Dream International Limited ("American Dream"), a
  corporation organized under the laws of the Bahamas, formerly known as
  Tradelink International Limited, has entered into agreements dated July 22,
  1997, with Registrant that also involved V'Power Corporation ("V'Power"),
  Automobili Lamborghini S.p.A. ("ALSPA") and Automobili Lamborghini U.S.A.,
  Inc ("ALUSA").  The agreements are attached to this filing.  The agreements
  relate to loans by American Dream to Registrant and options provided to
  American Dream to purchase Common Stock of Registrant.  V'Power owns a
  majority of the shares of common stock of Registrant currently outstanding. 
  ALSPA makes the engine and transmission for the Vector cars and was owed
  prior to the transaction approximately $847,229.22 by Registrant,
  $423,118.22 of which was assigned to V'Power and canceled as part of the
  license of certain technology by Registrant to V'Power.  ALUSA was owed
  prior to the transaction approximately $568,577.40 by Registrant.  ALSPA
  and ALUSA are affiliates of V'Power.
  
     American Dream has entered into a Loan and Security Agreement dated
  July 22, 1997, under which American Dream  has agreed on a discretionary
  basis to make two loans to Registrant.  One loan is a line of credit in the
  amount of $1,250,000 that converts to a ten-year term loan upon full
  funding.  The second loan is a line of credit in the amount of $2,500,000
  commencing on the full funding of the first loan.  Each loan is payable on
  demand, except the first loan becomes payable in monthly installments upon
  conversion to a term loan.  The loans are secured by all of the assets of
  Registrant.  
  
     Registrant has granted American Dream an option to purchase
  60,000,000 share of Common Stock for a total purchase price of
  $1,250,000.  The option may be exercised for a period commencing July 22,
  1997, and ending thirty (30) days after the full funding of the line of
  credit in the amount of $1,250,000 described above.  American Dream also
  has been granted registration rights for the shares purchased.
  In addition, V'Power has granted to American Dream an option to purchase
  all of its shares at a price to be determined upon the market price of the
  Common Stock at the time of purchase.   
  
     In connection with these transactions, ALSPA has agreed to convert its
  indebtedness into 4,241 shares of Preferred Stock of Registrant.  Similarly,
  ALUSA has agreed to convert its indebtedness into 5,686 shares of Preferred
  Stock of Registrant.  Each share of Preferred Stock is issued for $100.  The
  Preferred Stock has certain mandatory redemption provisions calling for
  redemption payments over a 19 month period.  The dividend rate on the
  Preferred Stock is based upon the London Interbank Offered Rates.  
  
     The Board of Directors of Registrant appointed to fill vacancies three
  individuals designated by American Dream.   Those individuals were W. R. 
  Welty, Timothy J. Enright and David P.  Kordek.  American Dream and
  V'Power have agreed that V'Power will vote its shares for these or other
  nominees of American Dream until such time as American Dream declines to 
  make  any discretionary funding under the lines of credit specified above or,
  upon exercise by American Dream of its option to purchase 60,000,000
  shares, for a period of ten years.  In addition, American Dream and V'Power
  have certain limitation on their rights to sell their shares of Common Stock
  of Registrant.  Finally, Registrant has granted to V'Power a perpetual
  non-exclusive license to use certain technology of Registrant.
  The license was granted in exchange for debt cancellation and cash in the
  aggregate amount of $500,000.
  
     On August 4, 1997, Timothy J. Enright was elected Chief Operating
  Officer and Secretary of Registrant. 
  
  Item 6. Resignation of Registrant's Directors.
  
     Effective February 25, 1997, Richard J. Aprahamian resigned as a
  director of  Registrant.
  
     Effective February 25, 1997, George J. Fencl resigned as a director of
     Registrant.
  
     Effective July 23, 1997, Sudjaswin E.L. resigned as a director of
  Registrant.
  
     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:   September 10, 1997
  
  VECTOR AEROMOTIVE CORPORATION       
  
      /s/       Timothy J. Enright                      
  Timothy J. Enright
  Chief Operating Officer and Secretary