Abstract: The present invention relates to a transformable utility/ATV trailer (1) that can easily be adapted to mount to a large number of different types of vehicles and trailer hitches. Moreover, the trailer (3) can rapidly be converted from a short box/bed trailer (3) to a flat bed trailer (3). The tow structure (2) comprises a frame (4) for mounting to a trailer (3) or similar implement and a draw bar (5) having a first end with a first hitch coupler (6) and a second end with a second hitch coupler (12). The draw bar (5) is mounted pivotally to the frame (4) for movement between a first position in which the first end of the draw bar (5) extends forward of the frame (4), and a second position in which the second end of the draw bar (5) extends forward of the frame (4).