Toyota to Establish a New Company to Promote the Fuji Motorsports Forest Project

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Mar 28, 2023 13:42 JST

Source: Toyota Motor Corporation

Toyota to Establish a New Company to Promote the Fuji Motorsports Forest Project

Fuji Speedway to Become a Wholly Owned Subsidiary of the New Company

Toyota City, Japan, Mar 28, 2023 - (JCN Newswire) - Toyota Motor Corporation (Toyota) will establish a new company, Fuji Motorsports Forest, Inc., on April 3 to promote the Fuji Motorsports Forest Project. Fuji International Speedway Co., Ltd. will become a wholly owned subsidiary of the new company after Toyota receives a part of the shares held by Mitsubishi Estate Co., Ltd. and Taisei Corporation.

With this new structure, we will further strengthen cooperation with Fuji Speedway, Fuji Speedway Hotel, Fuji Motorsports Museum, and Toyota Fudosan Co., Ltd., which is in charge of area development, to continue making Fuji a place where people who enjoy or work in motorsports, adults and children alike will want to visit.

Click here (https://global.toyota/en/newsroom/corporate/37094898.html) for an overview of the Fuji Motorsports Forest Project and a message from Akio Toyoda (April 6, 2022).

Source: Toyota Motor Corporation
Sectors: Automotive

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

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