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MOTORI - Endurance - Michelin 12H Mugello 2025

GTX 111 111 Racing AUS IRC GT Darren Currie Grant Donaldson during Michelin 12H Mugello 2025, Endurance race in Mugello, Italy, March 22 2025

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MOTORI - Endurance - Michelin 12H Mugello 2025

GTX 701 Vortex V8 FRA Lionel Amrouche Philippe Bonnel Cyril Calmon and GTX 111 111 Racing AUS IRC GT Darren Currie Grant Donaldson during Michelin 12H Mugello 2025, Endurance race in Mugello, Italy, March 22 2025

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MOTORI - Endurance - Michelin 12H Mugello 2025

GTX 111 111 Racing AUS IRC GT Darren Currie Grant Donaldson during Michelin 12H Mugello 2025, Endurance race in Mugello, Italy, March 22 2025

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IRC inaugurated, to start operations May 8

TOKYO, Japan - Atsushi Saito, who leads the board of the Industrial Revitalization Corp., addresses its first meeting inaugurating the organization in Tokyo on April 16. The government-backed body, which will help rebuild heavily indebted but commercially viable firms, will formally open for business May 8.

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Ripplewood ready to work with Japan's IRC

TOKYO, Japan - Timothy Collins, chief executive officer of U.S. investment fund Ripplewood Holdings LLC, speaks in a recent interview with Kyodo News in Tokyo. He said Ripplewood is ready to work with Industrial Revitalization Corp. (IRC), set to begin operating in early May, to help troubled Japanese firms.

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IRC execs nominees say pain will accompany revitalization

TOKYO, Japan - Atsushi Saito (C), president-designate of the planned Industrial Revitalization Corp., speaks at a news conference April 4, flanked by Chairman-designate Shinjiro Takagi (R) and Chief Operating Officer-designate Kazuhiko Toyama (L). The trio stressed that industrial revival will be accompanied by a bigger burden on the taxpayer and more unemployment.

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Pavel Dresler, Jan Kopecky, Skoda Fabia R5 Evo

Pavel Dresler and Jan Kopecky (both Czech) with Skoda Fabia R5 Evo rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Ross Whittock, Chris Ingram, Skoda Fabia R5

L-R Ross Whittock and Chris Ingram (both Britain) with Skoda Fabia R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Vaclav Pech, Ford Fiesta R5

Vaclav Pech (Czech) with Ford Fiesta R5 rally car attends an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Aleksey Lukyanuk, Aleksey Arnautov, Citroen C3 R5. grid girl

Aleksey Lukyanuk and Aleksey Arnautov (both Russia) with Citroen C3 R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Mattias Adielsson, Andreas Johansson, Ford Fiesta R5

Mattias Adielsson and Andreas Johansson (both Sweden) with Ford Fiesta R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Jan Cerny, Petr Cernohorsky, Ford Fiesta R5

Jan Cerny and Petr Cernohorsky (both Czech) with Ford Fiesta R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Jan Cerny, Petr Cernohorsky, Ford Fiesta R5

Jan Cerny and Petr Cernohorsky (both Czech) with Ford Fiesta R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Pavel Dresler, Jan Kopecky, Skoda Fabia R5 Evo

Pavel Dresler and Jan Kopecky (both Czech) with Skoda Fabia R5 Evo rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Daniel Dymurski, Lukasz Habaj, Skoda Fabia R5

L-R Daniel Dymurski and Lukasz Habaj (both Poland) with Skoda Fabia R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Pavel Dresler, Jan Kopecky, Skoda Fabia R5 Evo

L-R Pavel Dresler and Jan Kopecky (both Czech) with Skoda Fabia R5 Evo rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Aleksey Lukyanuk, Aleksey Arnautov, Citroen C3 R5, grid girl, girls

L-R Aleksey Lukyanuk and Aleksey Arnautov (both Russia) with Citroen C3 R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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Aleksey Lukyanuk, Aleksey Arnautov, Citroen C3 R5

Aleksey Lukyanuk and Aleksey Arnautov (both Russia) with Citroen C3 R5 rally car attend an opening ceremony of the Barum Czech Rally Zlin, within the Intercontinental Rally Challenge (IRC), on August 16, 2019, in Zlin, Czech Republic. (CTK Photo/Dalibor Gluck)

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IRC inaugurated, to start operations May 8

TOKYO, Japan - Atsushi Saito, who leads the board of the Industrial Revitalization Corp., addresses its first meeting inaugurating the organization in Tokyo on April 16. The government-backed body, which will help rebuild heavily indebted but commercially viable firms, will formally open for business May 8. (Kyodo)

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Ripplewood ready to work with Japan's IRC

TOKYO, Japan - Timothy Collins, chief executive officer of U.S. investment fund Ripplewood Holdings LLC, speaks in a recent interview with Kyodo News in Tokyo. He said Ripplewood is ready to work with Industrial Revitalization Corp. (IRC), set to begin operating in early May, to help troubled Japanese firms. (Kyodo)

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IRC execs nominees say pain will accompany revitalization

TOKYO, Japan - Atsushi Saito (C), president-designate of the planned Industrial Revitalization Corp., speaks at a news conference April 4, flanked by Chairman-designate Shinjiro Takagi (R) and Chief Operating Officer-designate Kazuhiko Toyama (L). The trio stressed that industrial revival will be accompanied by a bigger burden on the taxpayer and more unemployment. (Kyodo)