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)
               -------------------------------------------------
                                October 27, 2004


                             FARADAY FINANCIAL, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


          Delaware                        000-22236               33-0565710
- -------------------------------   ------------------------   -------------------
(State or other jurisdiction of   (Commission file number)      (IRS employer
       incorporation)                                        identification no.)

           175 South Main, Suite 1240, SLC, Utah                84111
         ----------------------------------------             ----------
         (Address of principal executive offices)             (Zip code)


                                 (801) 502-6100
              ----------------------------------------------------
              (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.below):

         [ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

         [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)

         [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)

         [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13c-4(c)


                   This document contains a total of 4 pages.


Item 8.01 Other Information

         On October 27, 2004, HomeNet Communications, Inc., a wholly owned
subsidiary of Faraday Financial, Inc. announced a service arrangement with Level
3 Communications, Inc. That news release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

         a.       Financial statements of businesses acquired

                  Not applicable.

         b.       Pro forma financial information

                  Not applicable.

         c.       Exhibits

                  Number                      Description
                  ------                      -----------

                  99.1     News release relating to relocation of corporate
                           headquarters



                                   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.

                                                FARADAY FINANCIAL, INC.




Date: October 27, 2004                          By  /s/ Frank Gillen
                                                   --------------------------
                                                   Frank Gillen
                                                   President

                                       2