OYAMA, Shizuoka Pref. — Toyota Motor Corp. on Monday unveiled a revamped Fuji Speedway, a state-of-the-art racing facility the Japanese manufacturer hopes will be among the best Formula One circuits in the world.

The 4.6-km circuit, situated at the base of Mount Fuji, officially obtained a Grade 1 license from F-1’s governing body FIA this month. Toyota holds a 93.39 percent ownership share in Fuji Speedway.

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