It isn’t clear from Mazda’s Japanese press materials whether this Demio (Mazda 2, which we won’t get in the U.S.) 15MB Racing Spec is a concept or an actual build, and if the latter, what racing series it’s specifically built for. Mazda claims the Racing Spec Demio “can participate in national rally.” To that end, its interior has been partially gutted, a roll cage fitted, and the hatchback stands slightly taller on a raised suspension. Our favorite bits? Those rally wheels and tires—and the little mudflaps behind each one of them!