Both Saturday and Sunday feature a fifteen-minute qualifying session succeeded by a top ten shootout, the combined results of which decide the grid for the following 250 km races.

In late 2008, it was announced the IndyCar Series would not be returning to the Gold Coast in 2009, bringing to an end the Indy era.

[6] Subsequently, to fill the last minute hole in the schedule, the 2009 event expanded its format to two 150 km races each on Saturday and Sunday.

Brad Jones Racing co-driver Tony Kanaan, a close friend of Wheldon, also decided to withdraw from the Gold Coast event following the tragedy.

For the 2013 event, the requirement for each car to have an international co-driver was removed, due to the increasing costs of hiring overseas drivers.

[11] The 2015 event saw another debut win, this time for Jack Perkins, driving with James Courtney for the Holden Racing Team.

[13] Chaz Mostert won consecutive Saturday races at the event in 2017 and 2018, driving with Steve Owen and James Moffat respectively.

[15] Championship leader Scott McLaughlin, who was a chance of sealing the title at the event with two rounds to spare, then had a heavy crash in Sunday qualifying which also ruled him out of the second race.

In 2011, the trophy was renamed after the British IndyCar and Indianapolis 500 champion Dan Wheldon after his death one week prior to the race.

Following the Covid-19 Pandemic the Gold Coast 500 Superfest has been significantly scaled back, with the number of events scheduled either on hiatus or permanently cancelled.

1 Brodie Kostecki 9 Jack Le Brocq 2 Ryan Wood 25 Chaz Mostert 3 Aaron Love 7 James Courtney 4 Cameron Hill 10 Nick Percat 6 Cam Waters 55 Thomas Randle 8 Andre Heimgartner 14 Bryce Fullwood 12 Jaxon Evans 96 Macauley Jones 11 Anton de Pasquale 17 Will Davison 18 Mark Winterbottom 20 David Reynolds 19 Matthew Payne 26 Richie Stanaway 23 Tim Slade 31 James Golding 87 Will Brown 88 Broc Feeney