The Phillip Island 500 was an annual motor racing event, last held for Supercars at the Phillip Island Grand Prix Circuit in Phillip Island, Victoria. The race had three distinct eras; from 1971 to 1977 as an endurance production and later Australian Touring Car Championship race, from 2008 to 2011 as an endurance race as part of V8 Supercars and from 2017 to 2018 as a Supercars Championship event consisting of two 250 km races.