More like a softcover book than a magazine, from Japan - Neko Mook 251. Pages are a bit heavier stock. Published August 2001.
98 pages - many are a full-page picture of a Race Queen posing in sexy/cute outfits, the remaining pages feature multiple pictures of Race Queens and various information on them.  Also there are two 16" x 12" fold-out posters each featuring a Race Queen posing in sexy/cute outfit.(Double sided. Four poster pictures total). Also a couple of Race Queen trading cards are inside.
This is some sort of fanzine dedicated to the Japanese Race Queen - cute young models who pose with Japanese race cars as promotion. It's a thing. And apparently very popular. Funny, I looked through the entire book and did not see any picture of a race car.

The magazine is mostly in Japanese, but it is filled with pictures and what looks to be statistics and various details about the Race Queens.

Magazine is in very good condition.