The Formula Toyota held its inaugural race in 1990, this race was won by Masami Kageyama. Toyota launched their first Formula 3 engine in 1991 and won both the drivers title and engine title in the 1991 Japanese Formula Three Championship.[1] Together with their Formula 3 engine Toyota launched their own racing class, Formula Toyota. The first generation car, the Argo-Tom's FT10, uses an aluminiummonocoque. The car was powered by a Toyota 4A-GE engine, which produced 140hp. The FT10 was used until 1994 when it was replaced by a Tom's built FT20. This car was powered by a 5-valve engine, replacing the previous 4-valve engine. In 1995 the Formula Toyota Racing School was founded and the best driver from each class won a fully funded drive in the Formula Toyota championship. Between 1991 and 1999 there were two Formula Toyota championships, Main and West. But after the fields became smaller Toyota merged the two classes into one class for the 2000 season. The championships last race was on November 25, 2007 at Fuji International Speedway. The race was won by Italian-Japanese driver Kei Cozzolino. Team Le Beauset was the most successful team in Formula Toyota, their drivers won the championship six times.
The series folded after the creation of the Formula Challenge Japan. Nissan, Honda and Toyota joined forces and created this racing class in 2006. The Formula Challenge Japan was replaced by the Japan Formula 4 after the 2013 season. In New Zealand the Toyota Racing Series, also known as Formula Toyota, currently uses a Tatuus built Toyota FT40. There is no relationship between the Japanese series and this one except the use of Toyota engines.
