It was held on the weekend of 26 to 29 March at Albert Park Street Circuit, in the inner suburbs of Melbourne, the capital of Victoria.

The meeting was a non-championship affair, conducted under a unique Holden vs Ford format.

The top ten shootout was held on Friday 27 March immediately before the first race.

Craig Lowndes held onto the fastest position from qualifying, setting a new practice record while doing so.

Will Davison was second fastest ahead of Jason Richards while the big mover from qualifying was Mark Winterbottom climbing from ninth to fourth, while second fastest from qualifying, the surprising Fabian Coulthard dropped to eighth.