Toyota Motor Corp. and Towa Real Estate Co. are coming up with a new complex at the foot of Mount Fuji that will center around the Fuji International Speedway, a motor racing track.
Called Fuji Motorsports Forest, the complex would house a hotel, museum, and racing team garages.
According to Toyota's Koji Sato, who oversees the automaker’s motorsports business, they are aiming to make motorsports much more attractive and sustainable by offering a variety of experiences at the complex.
Towa Real Estate will be primarily responsible for the development of the new complex, which will span approximately 250 hectares and include a 225-hectare racetrack.
The Fuji Speedway Hotel will be the first of the complex's amenities to open. The hotel will open this autumn with 120 guest rooms, each with a panoramic view of Mount Fuji and the adjacent circuit.
Around the same time, the Fuji Motorsports Museum, which will include about 40 racing cars, will open.
There is a section for professional racing team garages, as well as restaurants that serve cuisine produced using locally grown products, and spas.
Other attractions won't open until 2023 or later.
The firms hope that a million people will visit the complex each year.
They will also host a variety of events throughout the facility, including special tours of the garages, to persuade spectators to come even when there are no races scheduled at the speedway.


Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts
Los Angeles Mayor Says White House Must Reassure Fans Ahead of FIFA World Cup
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines
Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows
Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center
Malaysia Inflation Eases to 1.8% in July, Below Forecast
White House Defends Trump’s FIFA Peace Prize Amid Global Criticism
FIFA Suspends Balogun Ban, Clears U.S. Striker for Belgium World Cup Clash
Tesla Roadster Reveal Could Feature SpaceX Thrusters in August
Trump Plans New Executive Order to Address Rising NIL Costs in College Sports
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case
Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 



