Race of a Thousand Years

Like the 1999 Le Mans Fuji 1000 km, the Race of a Thousand Years was intended as a precursor to a planned Asia-Pacific Le Mans Series (APLMS) run by Don Panoz and the Professional Sports Car Racing body, just as the Silverstone and Nürburgring events earlier in the season were for the European Le Mans Series (ELMS).

McNish and teammate Rinaldo Capello completed 225 laps in their Audi Sport North America R8.

The Audi team suffered a setback on the morning of the race when Capello crashed the R8 (painted in crocodile livery in honour of the host country Australia) into the tyre barriers on the outside of turn six.

The GTS class was won by Olivier Beretta, Karl Wendlinger and Dominique Dupuy who piloted their Team Oreca Dodge Viper GTS-R (known as a Chrysler Viper in Australia) to 3rd outright, while finishing 5th outright were the GT class winners Dirk Müller and Lucas Luhr in their Dick Barbour Racing Porsche 911 GT3-R. McNish (Audi), Portuguese driver Ni Amorim (Viper) and German Luhr (Porsche) set the fastest laps in their respective classes, with McNish's time of 1:25.2189 being the fastest ever non-Formula One race lap of the Adelaide circuit (compared to the outright lap record of 1:15.381 set by Damon Hill in a Williams FW15C-Renault during the 1993 Australian Grand Prix).

2 Panoz was disqualified for allowing an unassigned driver, Klaus Graf, to drive the car during the race.