Honda unit to stop hosting Indy car racing in Japan from 2012

That high yen strikes again....
TOKYO —
A motor racing unit of Honda Motor Co said Wednesday that it will stop holding IndyCar Series racing in Japan from 2012. Mobilityland Corp, a wholly owned motor racing unit of Honda, said it has become quite difficult to continue Indy car racing in Japan due to recent economic developments.

Mobilityland has hosted Indy car racing at Twin Ring Motegi in Tochigi Prefecture since 2003 and will hold the last event at the circuit in September.

Source;

http://www.japantoday.com/category/sports/view/honda-unit-to-stop-hosting-indy-car-racing-in-japan-from-2012