Fuji Speedway is a motorsport race track, located in the foothills of Mount Fuji. It was built in the early 1960s. In the 1980s, the track was used for FIA World Sportscar Championship and national racing. It was formerly managed by Mitsubishi Estate Corporation but acquired by Toyota Motor Corporation in 2000. In 2007, the circuit hosted the first Formula One racing event in 29 years on 30th September. The track has one of the longest straights (1.475 ) in motorsports and has FIA Grade 1 license.