The course was opened in 1990 as a private race track for the wealthy. Soon, it hosted its first race, staged by veteran British drivers. In 1994 and 1995, the TI Circuit hosted the Formula One Pacific Grand Prix; both events were won by Michael Schumacher in his early title-winning years. This race made Japan one of only seven countries to ever host more than one Formula One event in the same year. It was discontinued primarily due to its location in a remote area of Japan. In March 2003, "Tanaka International Company", parent company of "TI Circuit Company", applied for Civil Rehabilitation Law. After the application, Unimat Holding Co., Ltd. announced that it would support TI Circuit Company. The owner of the circuit was renamed Okayama International Circuit Co., Ltd. on May 1, 2004, and the name of the circuit was renamed "Okayama International Circuit" on January 1, 2005. On October 26, 2008, the circuit hosted a round of the Formula V6 Asia and FIA World Touring Car Championship. The WTCC race was the first world championship FIA race since 1995. However, it was announced on June 21, 2010 that Suzuka Circuit would host the Japan round of the 2011 WTCC season instead of the Okayama International Circuit.