The Australian Grand Prix is an annual motor racing event which is under contract to host Formula One until 2035. One of the oldest surviving motorsport competitions held in Australia, the Grand Prix has moved frequently with 23 different venues having been used since it was first run at Phillip Island in 1928. The race became part of the Formula One World Championship in 1985. Since 1996, it has been held at the Albert Park Circuit in Melbourne, with the exceptions of 2020 and 2021, when the races were cancelled due to the COVID-19 pandemic. Before that, it was held in Adelaide.
In June 2022, Melbourne's contract to host the Australian Grand Prix, which was due to expire in 2025, was extended to 2035. The new contract stipulates that the Australian Grand Prix will be one of the first three rounds of the season over the contract period and will host a minimum of five season-opening races over the 13 years between 2023 and 2035. From 2023, Formula Two and Formula Three races will form part of the race weekend schedule.
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