The Australian Grand Prix is a motor race held annually in Australia currently under contract to host Formula One until 2023. The Grand Prix is the oldest surviving motor racing competition held in Australia having been held 79 times since it was first run at Phillip Island in 1928. Since 1985, the race has been a round of the FIA Formula One World Championship and is currently held at the Melbourne Grand Prix Circuit at Albert Park in Melbourne. Prior to its inclusion in the World Championship, it was held at a multitude of venues in every state of Australia. It was a centrepiece of the Tasman Series in most years between 1964 and 1972 and was a round of the Australian Drivers' Championship on many occasions between 1957 and 1983. It became part of the Formula One World Championship in 19