It was held on the weekend of the November 7 and 8 at the Phillip Island Grand Prix Circuit in Victoria.
The meeting was a late addition to the calendar, V8 Supercar having already raced at Phillip Island in September at the 2009 L&H 500.
The round was organised after the Desert 400, set to be held at the Bahrain International Circuit, was removed from the 2009 calendar and shifted into the 2010 season in order to better link up with the newly announced round to be held at nearby Yas Marina Circuit in Abu Dhabi.
The event was won by Triple Eight Race Engineering Ford driver Jamie Whincup.
The pair of race victories (scoring a maximum 300 points) moved him significantly closer to retaining the V8 Supercar Championship Series crown he first won in 2008, building his lead over Holden Racing Team driver Will Davison to over 100 points.