Abstract: A magnetic record/reproduce apparatus comprising drive force transmitting means including levers that are actuated by one drive motor to drive a reproducing magnetic medium and a recording magnetic medium, and rotating means having cams that are driven by said transmitting means is disclosed. The drive force transmitting means for driving the reproducing magnetic medium is separate from that for driving the recording magnetic medium. Each drive force transmitting means is provided with a pin that engages a single cam member, the rotation of said cam member causes each lever to move, thereby achieving reproduction/rewinding of said reproducing magnetic medium and recording/rewinding of said recording magnetic medium alternately.