[Karuma]

That one looks extremely fake... No one would mistake サーカス as circuit, which is usually written as サーキット and is pronounced completely different. Also, calling the sport and everything around it as "the F1 circus" is very common in Japan and other parts of the world.

[nickdothutton]

From TFA "All the artwork on the US games were corrected to say "Circuit", yet the original Taito PCBs are labeled "Circus"."

Perhaps the word "corrected" should be in quotes on that page then.