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Honda to Strengthen Racing Circuit Operations.


Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Dec 19, 2005 - (JCN JCN Japan Corporate News
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 Newswire) - As the only company in Japan that owns three facilities promoting mobility, which combine racing circuits together with multi-purpose recreational facilities Noun 1. recreational facility - a public facility for recreation
recreation facility

facility, installation - a building or place that provides a particular service or is used for a particular industry; "the assembly plant is an enormous facility"
 - Honda honda

a quick release metal eyelet for the end of a lariat. When the restrained animal is no longer required it is not necessary to slacken off the loop and pull it over the head—a very great advantage when working with wild cattle or unbroken horses.
 Motor Co., Ltd. announced plans to strengthen its Suzuka Circuit Suzuka International Racing Course (Suzuka Circuit for short) was a host of the Formula One Fuji Television Japanese Grand Prix, and is one of the oldest and most-famous motorsport race tracks in Japan. , Twin Ring Motegi Twin Ring Motegi is an automobile racing track located at Motegi, Japan. Its name comes from the fact that there are two race tracks at the facility: a 1.549 mile oval (2.493 kilometers) and a 4.8 kilometer (2.983 miles) road course.  and Tama TAMA Telugu Association of Metro Atlanta
TAMA Together Administration Management Agent (metadirectory services)
TAMA Training Aids Management Agency
TAMA The Alternative MILSATCOM Architecture
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 Tech operations to promote further growth of mobility and a motor sports culture.

Two Honda subsidiaries, Suzuka Circuitland Co., Ltd. and Twin Ring Motegi Co., Ltd., today reached a basic agreement to merge their operations sometime around June 2006. Prior to this merger, Honda will obtain all outstanding shares of Suzuka Circuitland and make it a wholly-owned subsidiary of Honda.

The new merged company, planned to be named Mobilityland Co., Ltd., will leverage the know-how and experiences of each facility to offer higher-quality events, products and services and contribute to the further growth of motor sports, mobility and safe driving promotion.

Honda began operation of Suzuka Circuit (Suzuka, Mie-prefecture) in 1962 as the first full-fledged international race course in Japan, but also as a place to promote a mobility culture, to host educational activities, to create the joy of mobility for individuals of all ages including younger generations and children, and as a facility that also features an amusement Amusement is the state of experiencing humorous and usually entertaining events or situations, and is associated with enjoyment, happiness, laughter and pleasure. Amusement may also be experienced through the recollection of events which have given rise to amusement in the past.  theme park and traffic safety education facilities. Since its establishment in 1961, Tama Tech (Hino, Tokyo  Hino (日野市 Hino-shi ), another facility of Suzuka Circuitland, has been offering the joy and fun of mobility to a wide range of people through its amusement park amusement park, a commercially operated park offering various forms of entertainment, such as arcade games, carousels, roller coasters, and performers, as well as food, drink, and souvenirs.  - Motopia. For over 40 years since its establishment, Suzuka Circuitland has maintained its vision to contribute to the healthy growth of motorization mo·tor·ize  
tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es
1. To equip with a motor.

2. To supply with motor-driven vehicles.

3. To provide with automobiles.
 and carried out a variety of activities.

In 1997, Honda opened a new facility promoting mobility, Twin Ring Motegi (Motegi, Haga, Tochigi-prefecture), which was developed under the theme of "Fusion of People, Nature, and Mobility." Twin Ring Motegi has two race courses - an oval course and a road course - and provides its visitors with opportunities to participate in and experience motor sports along with safe driving education activities. Twin Ring Motegi also has "Honda Collection Hall," a display of motorcycles, automobiles, power products, and racing machines which Honda has developed since its establishment, as well as "Fan Fun Lab" where visitors can enjoy experiences in various areas including environment and safety initiatives, and opportunities to use their skills to create something. Honda also offers different kinds of enjoyable experiences through its various corporate activities including "Hello Woods," which offers participants fun and learning experiences in the rich nature area surrounding sur·round  
tr.v. sur·round·ed, sur·round·ing, sur·rounds
1. To extend on all sides of simultaneously; encircle.

2. To enclose or confine on all sides so as to bar escape or outside communication.

n.
 Twin Ring Motegi and enables them to cultivate cul·ti·vate  
tr.v. cul·ti·vat·ed, cul·ti·vat·ing, cul·ti·vates
1.
a. To improve and prepare (land), as by plowing or fertilizing, for raising crops; till.

b.
 their own sensitivities.

Honda will utilize the facilities as the foundation for Honda to disseminate dis·sem·i·nate  
v. dis·sem·i·nat·ed, dis·sem·i·nat·ing, dis·sem·i·nates

v.tr.
1. To scatter widely, as in sowing seed.

2.
 messages through its corporate activities and provide a wide range of people in society with joys and dreams through mobility.

About Suzuka Circuitland Co., Ltd.
Establishment:          February 1, 1961
                        (Suzuka Circuit began operation in September 1962.)
Representative:         Ikuo Shimizu, President
Capital Investment:     2 billion yen
Capitalization Ratio:   85.4% Honda Motor Co., Ltd.
                        14.6 % others
Headquarter Location:   Suzuka, Mie-prefecture
Business Facilities:    Suzuka Circuit (Suzuka, Mie), Tama Tech (Hino,
                        Tokyo)
Employment:             373 associates (as of March 31, 2005)
Sales Revenue:          18.56 billion yen (fiscal year ended on
                        March 31,2005)
History:
  1961  February        Motor Sports Land Co., Ltd. (later changed to Suzuka
                        Circuitland) was established
        October         Tama Tech (Hino, Tokyo) began operation
  1962  September       Construction of Suzuka Circuit was completed /
                        operation began
  1963  January         The first automobile amusement park was built in
                        Suzuka Circuit / operation began
        November        The first Japan Grand Prix Road Race for the World
                        Championship was held
  1964  September       Skill training for police officers with motorcycle
                        and automobile began at Suzuka Circuit
  1978  July            The first Suzuka 8-hour Endurance Motorcycle Race was
                        held
  1987  March           Motorcycle Road Race World Championship Japan Grand
                        Prix
        June            The company name was changed to Suzuka Circuitland
                        Co., Ltd.
        November        The first Japan Grand Prix for FIA Formula 1 World
                        Championship was held
  1992  April           Racing School (SRS) opened at Suzuka Circuit
  2000  July            "Putti Town" opened within the amusement park of
                        Suzuka Circuit with a concept of "Children play the
                        leading role"


About Twin Ring Motegi Co., Ltd.
Establishment:          February 1, 1991
                        (Twin Ring Motegi began operation in August 1997.)
Representative:         Ikuo Shimizu, President
Capital Investment:     5 billion yen
Capitalization Ratio:   100% Honda Motor Co., Ltd.
Headquarter Location:   Tokyo
Business Facilities:    Twin Ring Motegi (Motegi, Haga, Tochigi-prefecture)
Employment:             133 associates (as of March 31, 2005)
Visitors/Sales Revenue: 8.62 billion yen (fiscal year ended on March 31,2005)
History:
   1991 February        Honda Mobility World Co., Ltd., which later became
                        Twin Ring Motegi, was established
                        (The company name was changed to Twin Ring Motegi
                         Co., Ltd. in January 1994)
   1997 August          Twin Ring Motegi began operation
   1998 March           Indy Car World Series race was held for the first
                        time using the Super Speedway (oval course of Twin
                        Ring Motegi), Honda Collection Hall, Fan Fun Lab,
                        Hotel Twin Ring opened
   1999 April           FIM Motorcycle Road Race World Championship was held
                        for the first time.
   2000 July            "Hello Woods" began activities
   2003 April           Indy Racing League was held for the first time


About Honda Motor Co., Ltd.

Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 7267)(NYSE NYSE

See: New York Stock Exchange
: HMC HMC Harvey Mudd College (Claremont, CA)
HMC Harborview Medical Center (Seattle, Washington)
HMC Hosted Messaging and Collaboration
HMC Hoffman Modulation Contrast
)(LSE LSE - Language Sensitive Editor : HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

Source: Honda Motor Co., Ltd.

Contact:
Honda Motor Co., Ltd.
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512


Copyright [c] 2005 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2005 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Dec 20, 2005
Words:982
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