My understanding of it is that Toyota plans to run the trucks in 2004, with the hope of entering Winston Cup in 2005, possible with the Solara or Camry body.
They qualify for NASCAR, as the vehicles are assembled here in the States.
Personally, as others have said, if they attack this the same way the attack buiding cars and other race series they have entered, GM, Ford and Mercedes (oops, I mean Daimler/Chrysler) will have their hands full.
But the first time one of them shows up with clear tail light decals, I'm outta there.
Roscoe, where did you get that photo? That's a riot. How can those kids not be embarrased by that? Whenever I get one of them come up to me and start talking about it, I just ask "So, how much does that wing help the downforce of your front-wheel-drive car? Oh, wait, you wouldn't know, would you?"

We get a few of them show up every once in a while at the autocrosses. Think they'll come out and be "da bomb". Well, they get their a$$es handed to them by just about everyone. They usually storm out of the parking lot revving those little fart cans as hard as they can and never come back. It makes my whole trip worth it.

AND, they're blaring those speakers you love so much. Those things must take at least a half second off their quarter mile times.
Steve