Fuji Speedway (富士スピードウェイ, Fuji Supīdowei?) is a motorsport race track standing in the foothills of Mount Fuji, in Oyama, Suntō District, Shizuoka Prefecture, Japan. It was built in the early 1960s and hosted the first Formula One race in Japan in 1976. In the 1980s, Fuji Speedway was used for the FIA World Sportscar Championship and national racing. Originally managed by Mitsubishi Estate Co., Fuji Speedway was acquired by Toyota Motor Corporation in 2000. The circuit hosted the Formula One Japanese Grand Prix in 2007, after an absence of 30 years, replacing the Suzuka Circuit, owned by Honda. After Fuji Speedway hosted the 2008 race, the Japanese Grand Prix returned to Suzuka for the 2009-onward races. Fuji Speedway is known for having one of the longest straights in motorsport tracks, at 1.5 km (0.93 mi) in length. The circuit has FIA Grade 1 license.