It is considered to be the pinnacle of single-seater racing in Japan or Asia as a whole, making it one of the top motorsport series in the region.
For the most part, these Japanese racing series closely followed their European counterparts in terms of technical regulations.
On the other hand, formula car racing had a more difficult time being established in the nation's motorsport landscape.
The inaugural JAF Grand Prix at Fuji Speedway in 1969 was Japan's first major single-seater race.
Neither event managed to be as popular with spectators as the Japanese Grand Prix was during its time as a sports car race.
During the late 1980s, a number of factors contributed to a surge in popularity for Japanese Top Formula racing.
The Japanese Grand Prix was reintroduced to the Formula One calendar in 1987, and that same year, Satoru Nakajima began competing full-time in F1.
Combined with the asset-driven bubble economy of the 1980s, the All-Japan Formula 3000 Championship attracted several entrants and investors.
The prosperous conditions within All-Japan F3000 also attracted many promising young drivers outside of Japan to compete in the series.
Among those drivers included future Formula One Grand Prix winners Jean Alesi, Johnny Herbert, Eddie Irvine, and Heinz-Harald Frentzen.
The most notable of these young drivers from outside Japan, however, was future seven-time Formula One World Champion Michael Schumacher, who made a one-off appearance at Sportsland Sugo in 1991.
The eventual burst of the bubble economy led to a decline in the series' popularity during the early to mid 1990s.
Japanese and European regulations paralleled one another until 1996, when the International Formula 3000 series became a one-make format to lower costs.
As F3000 went down the path of a spec formula series abroad, the JRP opted to continue with the previous F3000 regulations which allowed for open chassis and engine competition.
Pedro de la Rosa became the first "double champion" of Japan in 1997 when he won both the Formula Nippon and All-Japan GT Championship GT500 titles in the same calendar year.
Chassis remained an open formula until 2003, after Reynard declared bankruptcy and G-Force withdrew from the series.
[5] Changed regulations both in Super Formula and Formula 1 resulted in closest gap ever between lap times: in 2014 season in Round 1 at Suzuka Circuit in Q2 André Lotterer did 1:36.996 which was 4.49 seconds slower than Nico Rosberg's pole time of 1:32.506 for the 2014 Japanese Grand Prix and was not only inside 107% rule but could potentially placed him 21st in F1 grid in front of two cars of Kamui Kobayashi (1:37.015) and Max Chilton (1:37.481).
[10] The bulk of the grid consists of Japanese drivers, most of whom have the goal of forging successful long-term careers in the series.
Foreign drivers have always been regular participants in the series, and there have been several drivers to come from a Japanese Top Formula drive to a prominent Formula One role; the best-known of these include Michael Schumacher, Eddie Irvine, Ralf Schumacher, Pedro de la Rosa, Stoffel Vandoorne, Pierre Gasly, and Liam Lawson.
Suzuka Circuit, the traditional home of the Formula One Japanese Grand Prix, has staged more rounds than any other venue and has been on the calendar every year since the formation of the series in 1973.
The JAF Suzuka Grand Prix, Japan's oldest national formula racing event, is typically held at the end of the season in the autumn.
Sepang International Circuit in Malaysia hosted the first and only championship round outside of Japan when it was part of the 2004 calendar.